Quinn to IL lawmakers: Focus on pension, Medicaid reform
By Jayette Bolinski | Illinois Statehouse News
SPRINGFIELD — Gov. Pat Quinn refused Monday to discuss the possibility of gambling expansion in Illinois, insisting he wants lawmakers to focus on Medicaid and pension reform.
“Sometimes down here (in the statehouse), shiny objects can distract people. We don’t want any of that this week. We want two things this week, real [...]
KEEGAN: Municipal, state pension reform message gaining momentum
By Frank Keegan | State Budget Solutions
Despite an organized campaign to stop public pension reform, reality is beginning to break through. One recent report outlines a possible path to long-term solutions and another details the necessity of states and municipalities finding their own way because federal bailout is impossible. And Chicago Mayor Rahm Emanuel released a plan that could have been based on both reports.
Read More →Conflicts plague criminal probe of NJ Lt. Gov. Guadagno, $245K pension scam
Tick. Tick. Tick. Tick…
Is it the sound of time passing on a conflicted, year-old criminal investigation of an alleged $245,000 pension fraud involving New Jersey Lt. Gov. Kim Guadagno?
Read More →IL House votes to end free health care for state retirees
By Stephanie Fryer | Illinois Statehouse News
SPRINGFIELD — The Illinois House voted Wednesday to eliminate a premium-free insurance perk for retired state workers, including university employees, judges and lawmakers.
KEEGAN: Public pension ‘best practices’ omit 1 thing: How do we pay benefits?
By Frank Keegan | State Budget Solutions
Municipal and state pensions are at least $4 trillion in the hole as the National Conference of Public Employee Retirement Systems meets next week. Funds ended 2011 with the first year-over-year decline since 2009 after failing to make up for Great Recession losses. And three studies released last month confirm [...]
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