Pension Reform

Governor Pat Quinn, local state representatives, and DuPage County Board Chairman Dan Cronin met in DuPage County to discuss pension reform.

Legislators had a spirited discussion and came out of the meeting hopeful they can pass some kind of reform before the new assembly takes office on January 9th.

Governor Quinn stressed the importance of passing reform in order to keep Illinois in good fiscal shape. Moody’s Investors Services has warned the state’s credit rating could be downgraded again if there’s no movement on the pension situation.

Chairman Cronin says that will affect every level of government and that’s why he wanted to facilitate the talks between DuPage County representatives and the Governor.

Illinois lawmakers now have to review the bill before they can commit to a vote but the meeting was a step towards bipartisan commitment for reform.

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