Senate President John Cullerton http://peoriapublicradio.org en Gov. Quinn says pension shortfall is a crisis http://peoriapublicradio.org/post/gov-quinn-says-pension-shortfall-crisis <div>Governor Pat Quinn is disputing a fellow top Democrat's statements that Illinois' nearly 100-billion-dollar pension shortfall is not a crisis.&nbsp;<span style="line-height: 1.5;">Senate President John </span>Cullerton<span style="line-height: 1.5;"> has said that the pension shortfall is not an imminent crisis, but finding a solution can keep the state's income taxes down.</span></div><div>&nbsp;</div><p> Wed, 23 Oct 2013 11:44:09 +0000 Brian Mackey 13811 at http://peoriapublicradio.org Gov. Quinn says pension shortfall is a crisis Political scientist says Gov. needs a win on pension reform http://peoriapublicradio.org/post/political-scientist-says-gov-needs-win-pension-reform <p><span style="line-height: 1.5;">Illinois Governor Pat Quinn “Desperately needs a win” on pension reform. That’s the conclusion of political scientist Kent Redfield. The U of I Springfield professor spoke ahead of next week’s special session on pensions, which Quinn ordered. Redfield says the Governor repeatedly blamed pension costs for the state's budget problems. If no agreement is reached, Redfield says, Quinn will look weak going into next year’s primary election:</span></p><p> Tue, 11 Jun 2013 11:56:42 +0000 Denise Molina & Dan Klefstad 7126 at http://peoriapublicradio.org Political scientist says Gov. needs a win on pension reform Senate votes down pension measure http://peoriapublicradio.org/post/senate-votes-down-pension-measure <p></p><div>It's the final day of the legislative session, and the foremost issue that has plagued lawmakers all year remains unresolved. There's a chance yesterday's actions may have deepened a divide between the House and Senate over what to do about the state's massive pension debt. IPR’S Amanda Vinicky explains.</div><div>&nbsp;</div><div><span style="line-height: 1.5;">Gov. Pat Quinn is asking the state senate to reconsider its vote, after the chamber quashed a pension measure that would cut state employees' and teachers' retirement benefits. Quinn says the Senate's action lets down the people of Illinois, whom he says are paying $17 million every day the current pension system stays in place.&nbsp;</span></div><div> Fri, 31 May 2013 12:17:56 +0000 Denise Molina & Amanda Vinicky 6537 at http://peoriapublicradio.org Senate votes down pension measure Pension talks to continue today http://peoriapublicradio.org/post/pension-talks-continue-today <p></p><div>A solution for dealing with Illinois' 100 billion dollars of pension debt continues to elude legislators, even as the spring session rapidly approaches its end. The General Assembly is scheduled to adjourn Friday. IPR’S Amanda Vinicky reports.</div><div><span style="line-height: 1.5;">Lawmakers have taken votes to deal with the pension debt. Problem is the House passed a plan that Speaker Mike Madigan says will save more money. And the Senate passed a different plan that his fellow Democrat, President John </span>Cullerton<span style="line-height: 1.5;">, says is better because it's more likely to be upheld by the courts.</span></div><div> Thu, 30 May 2013 12:12:32 +0000 Denise Molina & Amanda Vinicky 6471 at http://peoriapublicradio.org Pension talks to continue today Analysis: little savings in union-backed pension overhaul proposal http://peoriapublicradio.org/post/analysis-little-savings-union-backed-pension-overhaul-proposal <p></p><div>A state pension overhaul backed by government employee unions may save only half of what advocates had promised. &nbsp;That underscores an ongoing battle between the House and Senate over pensions, with only ten days left in the legislative session. &nbsp;IPR'S Amanda Vinicky reports.</div><div>&nbsp;</div><p><span style="line-height: 1.5;">There's general agreement on this much: that Illinois' public pension systems have $100 billion dollars in unfunded liabilities. &nbsp;That's a fancy word that *basically* means "debt."&nbsp;</span><span style="line-height: 1.5;">It's a big number that's getting Illinois in trouble with bond houses and eating into the state's budget.&nbsp;</span><span style="line-height: 1.5;">And the House and Senate have different plans on how to drive that number down.</span></p><div> Wed, 22 May 2013 12:03:09 +0000 Denise Molina & Amanda Vinicky 6002 at http://peoriapublicradio.org Analysis: little savings in union-backed pension overhaul proposal