More than two dozen Illinois mayors are set to hold a news conference, hoping to encourage state lawmakers to make changes to pension systems for local police and fire departments.
Illinois Gov. Pat Quinn is turning up the heat in an attempt to speed up pension reform.
Small step taken in effort to fix $96 billion budget shortfall.
As state pays more for pensions in 2013, there’s less money for schools, police, and Medicaid.
The agency says public pension reform is critical to Illinois’ fiscal position.
Blagojevich to prison, Jesse Jackson Jr. resignation, also make the top-10.
Plans to utilize social media to promote solutions.
The state’s plan is to first pay off bonds used to pay to construct the prison. After that, the governor has said the state should focus on paying down some bills.
“As much as I think it would be nice to say we’ve got an agreement on pension reform, I don’t think that realistically [is] going to happen,” Tom Cross said
Quinn announced that legislators will convene Aug. 17.