Pensions - WUIS Special Coverage

Below are the latest stories on the pension issue in Illinois.  

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Statehouse
2:14 pm
Wed November 6, 2013

Madigan: Pensions Could Bring Lawmakers Back To Town

Michael Madigan

House Speaker Michael Madigan says he's prepared to pass a ``meaningful'' pension reform bill, and he hopes it will happen before the end of the year.  

The Chicago Democrat says legislative leaders are waiting for actuaries to crunch numbers on some proposals they're considering. Once they have the information he hopes lawmakers can return to Springfield and approve a bill.  

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Statehouse
9:32 am
Tue November 5, 2013

State's Mayors Want Pension Overhaul

Loves Park Mayor Darryl Lindberg
Credit Loves Park City Website

The new head of the Illinois Municipal League wants lawmakers to remain committed to a pension overhaul. Loves Park Mayor Darryl Lindberg was recently named president of the organization. Lindberg says the group has not put its support behind any one plan, but is paying attention to work being done by the bipartisan pension panel.

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Same-Sex Marriage Vote Possible
6:22 am
Mon November 4, 2013

Heavy Veto Session Agenda

Rep. Elaine Nekritz, a Democrat from Northbrook, is a member of the conference committee tasked with negotiating a pension deal.
Credit ILGA.gov

  Illinois legislators are scheduled to finish out their veto session this week. Their back-loaded agenda ranges from dealing with budget matters to social issues.

The first week of the veto session late last month went by with little of substance accomplished.

But what the General Assembly didn't touch then is back now.

Like tax packages designed to keep companies, like Archer Daniels Midland, headquartered in Illinois.

It also appears the sponsor of stalled same-sex marriage legislation is leaning toward calling it for a vote in the House.

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Business
6:22 am
Mon November 4, 2013

Greg Baise: Illinois Has To Compete For Jobs

Greg Baise
Credit IMA

A key Illinois business leader says the state is facing tough competition when it comes to keeping jobs.  Greg Baise is President of the Illinois Manufacturer's Association.  He says controversial legislation in Illinois that would offer tax breaks to certain firms is an effort to keep pace.

Among the firms, agribusiness leader Archer Daniels Midland, which wants to move it's corporate headquarters from Decatur to a larger city.  Illinois and other states are wooing the company with promises of tax incentives.

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State Week
1:53 pm
Fri October 25, 2013

Listen To State Week - October 25, 2013

Credit Dan LoGrasso / WUIS

This week, a discussion of the first half of the Fall Veto Session.

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Pensions
6:15 pm
Thu October 24, 2013

Quinn Not Ready To Talk Taxes

Credit Amanda Vinicky/WUIS

Though he supported Illinois' income tax hike in the past, Governor Pat Quinn is so far unwilling to take a stance on whether it should expire.

This fiscal year, Illinois is putting $6.8 billion toward pensions. An amount that's more than covered by how much money the state took in from a higher income tax rate -- the increase alone is projected to pull in almost $8 billion this year.

But that raises the question: how will Illinois function when the income tax revenues begin to decrease?

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Pensions And Pay
6:13 am
Wed October 23, 2013

Turning The Tables: Legislator Files To Cut Quinn's Budget

Rep. David Harris, R-Arlington Heights, says "the chief executive has attacked the legislature, which shows how dysfunctional we are. If they haven't done their job, then they shouldn't get the full appropriation that we did, and I suggest that that appropriation be cut."
Credit ILGA.gov

  Several months after Illinois Gov. Pat Quinn vetoed legislators' salaries from the state budget -- one lawmaker wants to turn the tables on him.

Gov. Quinn says lawmakers shouldn't be paid until they overhaul the state's pensions. A judge rejected that move and the governor's appeal is still pending before the state Supreme Court, so lawmakers are getting their paychecks.

Nevertheless, legislators are still offended by Quinn's "attack," as Rep. David Harris, R - Arlington Heights, describes it.

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Statehouse
3:17 pm
Tue October 22, 2013

Gov. Quinn: Pension Problem Is "Extreme Emergency"

Gov. Pat Quinn is disputing a fellow top Democrat's statements that Illinois' nearly $100 billion pension shortfall isn't a crisis.  

Senate President John Cullerton has said that the pension shortfall is not an imminent crisis, but that finding a solution can keep the state's income taxes down.  

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Veto Session 2013
7:50 am
Mon October 21, 2013

Preview: Fall Veto Session

Advocates pass out fliers promoting it during the Pride Parade in Chicago over the summer; despite an intense campaign to legalize same sex marriage in Illinois, the legislation's sponsor remains tight-lipped about whether he has the 60 votes needed for it to pass in the House.
Credit Amanda Vinicky

For the first time since a brief special session in July,legislators will begin making their way en masse to Springfield this week, for the fall veto session. The agenda before them is relatively light. The General Assembly will likely debate some budget matters. And there's a hearing on a new type of health care coverage for retired state employees. Amanda Vinicky previews what else is ahead.

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Statehouse
4:51 am
Mon October 21, 2013

Mike Lawrence Says '95 Pension Law Could Have Worked

Mike Lawrence
Credit news.siu.edu

Mike Lawrence spent years as a journalist covering state government and politics before eventually working as the Director of the Paul Simon Public Policy Institute.
In between,  he served as press secretary and senior policy advisor to former Governor Jim Edgar.

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Statehouse
1:50 pm
Fri October 18, 2013

State Week In Review: October 18, 2013

On this edition of State Week in Review, our panel previews the upcoming fall session of the Illinois General Assembly.  From pensions to same sex marriage to gun crime sentencing, we discuss what may or may not occur. 

Also, the impact of the federal shutdown on state government.   Our guest this week is Gatehouse Media's Doug Finke.

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Pensions
6:04 am
Thu October 17, 2013

AFSCME's Henry Bayer Talks Pensions

Henry Bayer
Credit Afscme31.org

Henry Bayer is the Executive Director of the American Federation of State, County and Municipal Employees Council 31.  The role puts the union leader in the middle of several battles over benefits and working conditions.  That includes the current dispute involving public pensions.

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Pension Overhaul
5:07 pm
Tue October 15, 2013

Quinn Responds To Pension Absence, Begins Reach Out

Gov. Pat Quinn speaks to leading Democrats in September as he seeks the state party's endorsement in his campaign for re-election; critics say the governor has been concerned about politics, rather than policy, when it comes to pensions -- for example by stripping legislators of their salaries as punishment for not passing a bill, even as he was absent from negotiations.
Credit Brian Mackey/WUIS

Governor Pat Quinn went months without meeting with members of the special legislative committee formed to draft a new pension plan, but this month he has begun to reach out.

It was Quinn's idea to form a conference committee, to bridge differences between the House and Senate over how to reduce Illinois' $100 billion pension debt.

But the ten members of that panel say other than phone calls welcoming them to the committee, he was absent from their talks from June on, leading to criticisms like this, from Rep. Jil Tracy, a Republican from Quincy.

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Statehouse
1:30 pm
Tue October 15, 2013

Cullerton Says Pension Issue Could Bypass Committee

Sen. John Cullerton
Credit Illinois Senate

Illinois Senate President John Cullerton says the state's pension problem could be addressed in the fall legislative session even if a committee working on it remains split.  
The Chicago Democrat tells The Associated Press in an interview that lawmakers could bypass the committee and call a vote through another legislative route.  
An AP survey found that five of the pension committee's 10 members still had concerns with a proposed $138 billion savings plan. The Legislature cannot consider a committee proposal unless it is signed by six members.  

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Pension Overhaul - Updated
7:23 am
Tue October 15, 2013

Gov. Quinn "AWOL" From Pension Committee's Talks

The ten members of the bipartisan, bicameral conference committee formed to come up with a pension package gather in Chicago in July, for one of the panel's few public meetings. Gov. Pat Quinn did not attend.
Credit Amanda Vinicky

As he runs for re-election, Gov. Pat Quinn is staking a lot on getting something done with pensions. He making a show of asking the state Supreme Court let him cancel legislators' salaries until it's done, and he says he won't deal with other major issues before the General Assembly -- like using tax credits to keep ADM headquartered in Illinois -- until there's what he calls a "comprehensive pension solution." But it's hard to tell just what that means. Most of the ten legislators he tasked with crafting that solution don't even seem to know. They say he's been largely absent ...

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Pensions
3:33 pm
Mon October 14, 2013

Pension Committee Divided On A Fix

Credit wuis

The Illinois Legislature's fall veto session is just a week away, but a committee tasked with the solving the state's enormous pension problem is divided.  
An Associated Press survey of the 10-member committee found five Democrats support a plan that would save the state $138 billion over 30 years. The other half consists of four Republicans and one Democrat. They say they have major concerns about the proposal.  
The Legislature cannot consider the proposal unless it's signed by six committee members.  

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Pension Overhaul
5:24 pm
Fri October 11, 2013

Pension Committee Considering Adding 401(k) Option

Rep. Mike Zalewski, a Democrat from Riverside, sits on the pension conference committee. "There's some concern over ... frankly whether pension systems should get in the business of the market... and philosophically do we really want to go down this road when there's members of these systems that believe all we need to do is make our payment, rightfully so," he says of defined contribution plans.
Credit Zalewski

With an eye toward reaching an agreement in time for the upcoming veto session, legislators on a special pension committee met Friday in Chicago. The conversations focused on giving state employees and teachers a new style of retirement plan.

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Statehouse
8:51 am
Thu October 10, 2013

Interview: State Senator Andy Manar

Sen. Andy Manar (D-Bunker Hill)

State Senator Andy Manar (D - Bunker Hill) is in his first term serving the 48th District.  It stretches from Springfield and Decatur south into Madison County.

Before he was elected, Manar spent time as Chief of Staff to Senate President John Cullerton and served as Chairman of the Macoupin County Board.

Manar sat down with WUIS' Sean Crawford to talk about some of the issues facing state government, including public pensions, tax incentives for ADM, education funding and how he was considered as a possible running mate to former gubernatorial candidate Bill Daley:

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Statehouse
1:34 pm
Fri October 4, 2013

Quinn: Pensions Before Tax Breaks For ADM, OfficeMax

Credit Brian Mackey/WUIS

When lawmakers return to Springfield for their fall session later this month, they'll be weighing requests from several international companies that want tax breaks for keeping their headquarters in Illinois. But Gov. Pat Quinn is throwing cold water on that idea.

Most of the tax-credit attention has gone to agribusiness giant Archer Daniels Midland Company, which wants up to $24 million keep its global head office in Illinois. But lawmakers have also heard requests from Zurich Insurance, based in Schaumburg, and OfficeMax, based in Naperville, and there are others.

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Statehouse
1:01 pm
Fri October 4, 2013

Governor Weighs In On Pension Talks

Gov. Pat Quinn says there are ``a lot of good ideas'' in a pension reform proposal, but he's stopping short of a full endorsement of the deal.
 
The Chicago Democrat says the 10-member legislative panel working on a $138.9 billion savings plan needs to get details finished on the legislation so
lawmakers can schedule a vote.
 
Quinn's says he's seen a number of the plan details and has been ``working back and forth'' with committee members.
 
Quinn's Friday remarks follow Senate President John Cullerton's public
endorsement of the plan.
 

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Pensions
9:37 am
Thu October 3, 2013

Cullerton Backs Possible Pension Compromise

Sen. John Cullerton
Credit ilga.gov

The president of the Illinois Senate says he's backing a compromise pension reform plan that could save $138 billion by 2043.  
Chicago Democrat John Cullerton tells The (Springfield) State Journal-Register (http://bit.ly/1btBYG2 ) that he's working to build support for the still-unfinished proposal being developed by a pension reform committee. Cullerton hopes lawmakers can begin to act on the plan during the upcoming Oct. 22 veto session.  

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