Illinois Senate passes public safety pension consolidation plan, giving Gov. J.B. Pritzker a big fall session win – Chicago Tribune

Comment: What's "big" about it? The pensions covered represent just 4.5% of our pension unfunded liabilities. Actual savings are speculative, but in any event will barely move the needle. And there's this astonishing comment from a lawmaker: “We’re finally doing what Illinois is supposed to do, which is get ahead of these issues before it becomes a crisis," said Sen. Linda Holmes, an Aurora Democrat.
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mqyl
4 years ago

Yes, that is an astonishing comment but not surprising coming from an IL pol. Of course, the “pension crisis train” left the station many years ago. How can an IL resident, particularly an IL pol, not be aware of this?

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