Search
 

Illinois won't start pensions campaign for weeks

Gov. Pat Quinn said Tuesday that he'll wait until next month to debut his so-called grassroots campaign raising awareness about Illinois' pension problem.

By Sophia Tareen | Updated on August 22, 2012

CHICAGO (AP) — Gov. Pat Quinn said Tuesday that he’ll wait until next month to debut his so-called grassroots campaign raising awareness about Illinois’ pension problem, a move that comes days after lawmakers failed to come up with a plan to overhaul the massively underfunded system.

There has been little movement on how to address the roughly $85 billion funding gap, which Quinn says is growing by about $12.6 million a day and has made his top priority in recent months. Lawmakers couldn’t agree on pension-related legislation earlier in the year during their spring session, negotiations between top legislative leaders over the summer went nowhere and a special session on the topic Friday ended without any action.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.