With the Illinois General Assembly holding a one-day special session Friday to address the state’s pension liabilities, unions fiercely opposed to pending legislation offered a compromise today.
Are One coalition members said on a conference call this afternoon that they would let
current public employees increase their pension contributions if the
state met three conditions: guaranteed funding of the state’s five
pension systems, an end to several tax loopholes, and maintenance of
today’s benefit level for current retirees. Read more »