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.
Legislative leaders will revisit the subject of pension reforms in five weeks.
ST. LOUIS–(KMOX)–The sponsor of a pension reform plan that St. Louis firefighters say they won’t sue over is preparing to make an end run around a rival alderman who is holding up the plan in committee. […]
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