Pritzker signs pension sweetener bill without knowing the cost

By Adam Schuster
12/20/2019
Illinois’ pension crisis is the nation’s worst. Maybe that’s because elected officials take a problem they aren’t sure exists, apply a solution they don’t know will work and never determine the cost.

TAGS: bipartisan, consolidation, constitutional amendment, Illinois, Illinois Constitution, Illinois General Assembly, JB Pritzker, lawmakers, pension benefits, pension costs, pension crisis, pension debt, pension reform, safe harbor, Springfield, tier 1, tier 2

Illinois lawmakers pass pension sweeteners without knowing the cost

By Adam Schuster
11/20/2019
Illinois has nation’s worst pension debt. Maybe that’s because state lawmakers take a problem they aren’t sure exists, apply a solution they don’t know will work and never determine the cost.

TAGS: benefits, Civic Federation, fire pensions, firefighter pensions, IRS: Internal Revenue Service, Jason Barickman, municipal pensions, pension crisis, pension debt, pension reform, pensions, police pensions, public safety, public safety pensions, safe harbor, Social Security, task force, tier 1, tier 2