Lawmakers in Springfield hammering out the so-called Grand Bargain need to restore the faith of business in Illinois, a former state senator turned technology and manufacturing advocate said during a recent Chicago-based radio talk show appearance.
Even as Gov. Bruce Rauner continues to strive toward a potential state budget solution, House Speaker Mike Madigan (D-Chicago) “delays and offers nothing,” the Chicago Tribune recently reported while continuing its coverage of Illinois’ hemorrhaging finances.
Several Republican representatives will announce their support for a comprehensive pension reform bill that is meant to improve the pension problems in the state, including the pension crisis in Chicago, Illinois Gov. Bruce Rauner said on Friday.
Former state school employee Valerie Bastien, who retired in March 2017, saved $41,876 toward a pension over 10 years working for public schools, Teachers' Retirement System of the State of Illinois records show.
Former state school employee Dora Welker, who retired in March 2017, saved $170,210 toward a pension over 32 years working for public schools, Teachers' Retirement System of the State of Illinois records show.