Missing from the discussion on state revenues is what happened with all the money from Illinois’ last major tax hike.

Former Gov. Pat Quinn contributed less than $200,000 to his retirement, but is set to draw more than $2 million in pension benefits over his lifetime.

Baby boomers have saddled young Illinoisans with a grossly unfair burden.

Rauner’s initial pension proposal helps him achieve his goal of a balanced budget without tax increases. But it will take a comprehensive, 401(k)-style reform plan to solve the pension crisis once and for all.