Friday, August 12, 2011

Pat Quinn should think a bit

Illinois Gov. Pat Quinn Seems to Reject Pension Reform Bill

Updated: Wednesday, 10 Aug 2011, 9:59 PM CDT
Published : Wednesday, 10 Aug 2011, 9:58 PM CDT

By Mike Flannery, FOX Chicago News Political Editor

Chicag - Illinois taxpayers face at least $85 billion in unfunded pension liabilities. But Gov. Pat Quinn seemed to rule out a pension reform proposal pending in the General Assembly on Wednesday.

"Their proposal laid an egg this past year," he said.

It was the governor's clearest statement yet that he opposes the pension reform bill sponsored by House Republican Leader Tom Cross, which would not change any retirement credits that have already been earned by current state employees. Going forward, though, they'd have to choose one of three options:

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