Posts tagged "pension reform"

Tell Lawmakers to Support SB1

You’ve read about it in the news. Lawmakers across party lines agree pension reform is critical to saving our state and its pension funds. We applaud the dialogue around this important issue. But, meaningful reform must incorporate significant financial savings or it’s not real reform. Tell your legislators to support SB1 as it will generate... Read more »

Illinois Pension Crisis Now Unfixable

You’ve heard it from policy reports and the news media, Illinois has reached a “fiscal cliff.” Sounds bad, right?  Terrifying, even. But in fact, it’s much worse.  Because our elected officials have been unwilling to make the tough decisions necessary to save our state, Illinois and its pension funds now have nearly $200 billion in debt triggered by... Read more »

Pension reforms, spending cuts must come before tax hike

Illinois is broke. In the short run, it is running out of cash – and borrowing to cover its own operations as well as to fund health care, schools, local governments and social services. Or it simply fails to pay its bills – borrowing, in effect, from its suppliers. In the longer run, Illinois operates... Read more »
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