|Lt. Governor Simon: Illinois one step closer to fiscal stability|
|News Releases - Business, Economy & Finance|
|Written by Kara Beach|
|Wednesday, 05 December 2012 10:53|
SPRINGFIELD – December 5, 2012. Lt. Governor Sheila Simon today issued the following statement regarding pension reform legislation introduced by members of the Illinois House of Representatives.
“Today we are one step closer to strengthening our pension system and restoring fiscal stability to our state. Without action, the strain pension payments place on our budget will crowd out funding for other priorities like education, public safety and health care. I would like to thank members of the House for their work to come up with a solution, and I look forward to reviewing this proposal and bringing everyone to the table to move forward,” Simon said.
Today’s legislation builds on Governor Pat Quinn’s call for pension reform. The Governor has urged lawmakers to take action that will save the state’s critical programs and services while preserving the pension system for future generations.###
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