Gov. JB Pritzker sticking to proposal to fully fund pensions – Capitol News IL

Pritzker also wants lawmakers to extend the state’s pension buyout program for another two years through fiscal year 2028. The program has already been extended twice since it was created in 2018 and has reduced the state’s pension liability by $2.9 billion, according to the governor’s office. They predict extending the program will reduce the unfunded liability by another $1.4 billion.
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Old Spartan
3 months ago

“Fully funded pensions”. JB tells a lot of whoppers, but this is one of his biggest. And I like the line that says none for these reforms will happen without the support of public unions. And the plan to secure their support is exactly what?

Deb
3 months ago

Pritzker need to reform. Public pensions. But how would he buy votes?

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