Despite Governor Pat Quinn’s plea for immediate action, the Illinois General Assembly has once again failed to adopt any kind of plan to address the state’s growing public pension crisis.
A bill that would have scaled back cost-of-living increases for current and future retirees was never called for a vote in the full House, and a last-minute attempt to hand the problem off to a new appointed Pension Review Commission also stalled.
Now the pension mess is thrown into the laps of the new legislature, which will be sworn in later today.
