Breeze-Courier | Taylorville, IL
weather sponsored by
Hickory Estates of Taylorville




Advanced Search
search sponsored by


LOGIN | SUBSCRIBE




KMRM

home : news : state news free June 28, 2016

   
6/29/2013 2:46:00 PM
Quinn says pension debt growing at slower pace

CHICAGO (AP) — Gov. Pat Quinn says Illinois’ massive pension shortfall is growing at a slower pace of $5 million a day.

A previous estimate put it at $17 million per day. But Quinn says taxpayers are still paying “a steep price” for the Legislature’s failure to pass pension reform.

The Chicago Democrat says lawmakers must work “around the clock” to approve legislation addressing the crisis.

Illinois has the nation’s worst state pension problem. But lawmakers have been unable to agree on a solution.

Earlier this month they voted to form a bipartisan committee to tackle the issue. Quinn has given them a deadline of July 9.

Quinn says the daily growth of the state’s unfunded liability has decreased partly because the state has made its full pension payment for several years.


Anderson Jewelers




Article Comment Submission Form
Please feel free to submit your comments.

If you are looking for the SPEAK OUT submission form, you can find it by clicking here: Speak Out Form


Article comments are not posted immediately to the Web site. Each submission must be approved by the Web site editor, who may edit content for appropriateness. There may be a delay of 24-48 hours for any submission while the web site editor reviews and approves it.

NOTE: All information on this form is required. Your telephone number and email address will not be displayed or shared.
Submit an Article Comment
First Name:
Required
Last Name:
Required
Telephone:
Required
Email:
Required
Comment:
Required
Passcode:
Required
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.
   














Trinity Dodge Fixed

NewsWebPagesOpinionPeopleObituariesAg & BusinessSportsContact Us
Subscriptions | Username & Password Reminder | Change Password | Life

Breeze-Courier & Printing | 212 S Main St. Taylorville, IL 62568 | (217) 824-2233 |
website@breezecourier.com

© Copyright 2014 Breeze-Courier & Printing. All Rights Reserved.
Original content may not be reprinted or distributed without the written permission of Breeze-Courier & Printing.

Software © 1998-2016 1up! Software, All Rights Reserved