December 5, 2012
We Are One Illinois Notes Problems with HB 6258, But Stands Ready to Work Toward Solution
The following statement can be attributed to the We Are One Illinois coalition:
“We appreciate lawmakers’ latest attempt to move the pension conversation forward. As we have consistently stated, the We Are One Illinois coalition stands ready to work collaboratively toward a solution.
We were not consulted in the development of this plan, but our preliminary review suggests that there are significant problems with HB 6258 that need to be worked through. The pension debt was caused by the state’s failure to make actuarially adequate pension contributions, not by public employees, but like its predecessors, this proposal essentially balances the pension debt on the backs of teachers, police officers, nurses, caregivers, and other public servants both active and retired. It is also unclear at this juncture whether this proposal is constitutionally or actuarially sound.
We intend to thoroughly analyze this proposal’s elements and provide a more comprehensive response in the coming weeks.”
Paid for by We Are One Illinois