Any meaningful property tax relief for Illinoisans means reforming Illinois’ unsustainable public pension system.View Report
The size of Illinois’ pension crisis requires even bolder pension reform that includes 401(k)-style plans for public employees.
State Sen. Dale Righter, R-Mattoon, has proposed a plan that would give all state workers access to retirement plans that offer portability and flexibility – and an escape from Illinois’ broken pension system.
Lawmakers met in Springfield on Tuesday for a special session on pension reform. After an early morning committee hearing, a gathering of each of the four legislative caucuses and several hours of lengthy floor debates, a pension bill passed the House and Senate, and now awaits Gov. Pat Quinn’s signature. The Illinois Policy Institute adamantly...