Governor Quinn Statement on Critical Agreement by Legislative Leaders on Pension Reform

CHICAGO–(ENEWSPF)–November 27, 2013.  Governor Pat Quinn issued the below statement regarding today’s agreement among the legislative leaders on a comprehensive pension reform solution:

“I commend the legislative leaders – Senate President John Cullerton, House Speaker Mike Madigan, Senate Minority Leader Christine Radogno and House Minority Leader Jim Durkin – for their hard work to reach this critical agreement. I also commend members of the conference committee for their work throughout the summer and fall to get us to this point.

“When I proposed the creation of a conference committee in June, I asked members to draft a plan that eliminated the unfunded pension debt and fully stabilized the systems, and this plan meets that standard.

“We have more work to do. I look forward to working with the leaders and members of the General Assembly over the coming days to get this job done for the people of Illinois.”

Source: illinois.gov