Wednesday, February 6, 2013
A Monday night town hall meeting on pension reform generated a debate both at the meeting and on Patch.
Monday night's meeting in Wilmette on pension reform draw a wide array of debate and opinions — both at the actual meeting and in the comment section of Patch. Illinois' credit rating was downgraded to an A- at the end of January by Standard & Poor, making it the lowest out of the fifty states. The low rating is, in large part, due to the state's pension debt, which is currently at $95 billion. Monday night's meeting aimed to discuss Senate Bill 35 (SB35) and House Bill 98 (HB98), which both aim to end the "long, bitter impasse over pension reform at the state Capitol by combining what has been proposed by business, labor, legislators and civic groups with some new ideas," according to a hand-out passed out before the meeting began. …
Monday, November 5, 2012
The League of Women Voters invites anyone interested to attend an informational event about possible changes to close the hugh funding gaps in the Illinois Pension System.
Monday, November 5, 2012
The Illinois Constitution reads: "Membership in any pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof, shall be an enforceable contractual relationship, the benefits of which shall not be diminished or impaired." League invites anyone interested to attend an informational event about possible changes to close the hugh funding gaps in the Illinois Pension System. This meeting is the conclusion of a six-week study intended to provide a position for Illinois Leagues. Only members may participate in the closing consensus; however, membership will be available before the consensus. Date: Wed., Nov. 7; Time 12 noon - complementary lunch; Place: Clarkson Park, …
Wednesday, June 6, 2012
Morrison and Friedman explain the role they see solving one of state’s major problems.
The only certainty about the failure of the Illinois General Assembly to pass pension reform legislation when its current session ended Thursday is there will be a new senator from either Deerfield or Highland Park ready to make a difference in January. Highland Park pediatrician Arie Friedman, a Republican, and West Deerfield Township Supervisor Julie Morrison, a Democrat, are the two candidates competing to succeed retiring state Sen. Susan Garrett (D-Lake Forest). Earlier: State Senate Candidates Switched Parties The winner of the Nov. 6 general election between Morrison and Friedman will be required to deal with state’s $83 billion unfunded public employee pension liability. The legislature debated a number of proposals but failed to …