CONNECT WITH WMAY
Red Eye Radio Red Eye Radio
12:00am - 4:00am
Red Eye Radio

Contact Me

My Blog

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Google
Custom Search
October 21, 2014, 3:48 am
970 WMAY News

GOP Leaders Critical Of Teachers Pension System


Top Illinois Republicans are criticizing a move by the Teachers Retirement System to lower its expected rate of return on investment, because it will mean higher costs to the state. 

 

House Republican Leader Tom Cross and Senate Minority Leader Christine Radogno say the change will force the state to pay more into the pension system for teachers. 

 

At the same time, the GOP leaders also say the newly-revised estimate might not be low enough, and may still reflect an unrealistic view of future income for the TRS. 

 

Cross and Radogno say it’s more evidence that Illinois needs comprehensive public pension reform, and criticize Democrats for their ongoing failure to pass a reform package.

News Video

On Air Video


Facebook Fans


@WMAYSpringfield
LinkedUpRadio Envisionwise Web Services