All old ground for pension reform group

A special group of state lawmakers holds their first public meeting today to figure out a way to fix Illinois’ 100 billion dollar pension problem.

The six democrats and four republicans on the conference committee covered mostly old ground today.

They point out $17 million dollars is lost for every day the pension issue isn’t solved.

The panel was created during a special session.

Governor Quinn wants the legislators to hammer-out a compromise bill by July 9th.

The group’s next hearing is scheduled for July 3rd.

1 Comment

  • diane

    The Obama administration and high profile democrats have told the Governor and Madigan what to do. All public employees and teachers will soon be transferred and be the initial recipients of Obama's Health Care program. This serves two purposes. First this plan gives Obamacare a boost in the public relation mojo . And secondly, its transfers the costs (tax collection) to the IRS and off Illinois deficit sheet.
    Nine years ago , both teachers and public employee unions were in full support of Obama's plan so there should be no decent in the ranks.

    Of course Illinois citizens will still be paying for the pensions but now we will send our tax dollars to Washington instead of Springfield.

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