Illinois pension system
75,000 state workers to see portion of $60 million payout
Illinois governor is up for dubious national honor, says Citizens Against Goverment Waste
“Just to have automatic payment of health care premiums for all that are retired is not really a good way to go.”
Proposal would raise state employee retirement age to 67 & make employees pay 3% more toward retirement.
Henry Bayer, executive director of AFSCME Council 31, says that’s a key component of paying down the $85 billion liability.