A circuit court judge sided with two former Illinois state lawmakers suing the state for back pay on past cost-of-living increases the Illinois General Assembly voted to freeze.
The Illinois General Assembly sent $85 billion in proposed spending to Gov J.B. Pritzker’s desk in a matter of days. That package included tax hikes on ordinary Illinoisans and pay raises for all state lawmakers.
Illinois’ 101st General Assembly can be leaders in pension reform by passing a constitutional amendment that allows for changes to future, unearned benefits.
There’s a lot of talk about renewed bipartisanship and a new day in Springfield. Dozens of state lawmakers have already opted out of the pension system. The General Assembly should take the lead and phase out their own defined-benefit system and get to work on a constitutional fix for the rest of Illinois’ pension mess.
House Bill 5760 would stop lawmakers’ scheduled cost-of-living adjustment. Illinois lawmakers are the fifth-highest paid state lawmakers in the nation.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.