Illinois pension reform proposal under scrutiny – Peoria, IL – pjstar.com

SPRINGFIELD —

Nearly two dozen Illinois House members were frustrated by the lack of progress on a pension reform plan coming from the state’s top leaders.

They decided to come up with their own plan, one they said incorporates the best pension reform ideas floated so far. They put their plan on the table last week for lawmakers and interest groups to mull before legislators return for a lame-duck session in early January.

Whether the plan will finally spur passage of pension reforms and ease the state’s crushing pension obligations is uncertain.

“I’m grateful there’s another idea on the table,” said Senate Minority Leader Christine Radogno, R-Lemont, before adding, “From what I understand, there’s not a lot of brand-new ideas in it.”

Gov. Pat Quinn called the new plan “a very interesting proposal” and renewed his call for lawmakers to pass pension reforms before Jan. 9, when newly elected legislators are seated.

“After the new General Assembly is sworn in, we’ll have a number of new faces,” said Sen. John Sullivan, D-Rushville. “These are people who may or may not be as familiar with this issue.”  read more…

via Illinois pension reform proposal under scrutiny – Peoria, IL – pjstar.com.

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