CBS 2 Chicago wbbm7801059 670 The Score

Local

Governor Won’t Launch Pension Reform Push Until Next Month

Gov. Pat Quinn. (Credit: Craig Dellimore/WBBM Newsradio)

Gov. Pat Quinn. (Credit: Craig Dellimore/WBBM Newsradio)

Don't Miss This
Don't Miss This

CHICAGO (CBS) – Gov. Pat Quinn said Tuesday his grassroots campaign on pension reform is going to have to wait a few weeks, despite his feelings of urgency.

WBBM Political Editor Craig Dellimore reports Illinois lawmakers have failed to come up with any plan to overhaul the state’s five public employee pension systems, despite an $85 billion pension debt that is growing by more than $12 million a day.

Quinn said the only way to spark action is with public pressure, but he won’t push ahead until the middle of next month.

LISTEN: WBBM Newsradio’s Craig Dellimore Reports


“Given the fact we’ve got the national Republican convention next week, and the national Democratic convention the following week – and right thereafter we’ve got September 11th – I think I’ll probably wait to announce our plan until the middle part of September,” Quinn said. “It’ll be a good plan, it’ll involve everyday people.”

The governor said he doesn’t want his message being lost amid all the coverage of the presidential conventions.

Quinn said his initiative will be online. He called it “electronic democracy.”

National credit rating agencies have threatened to lower the state’s bond rating again, unless the General Assembly takes major steps to reduce its pension debt.

Quinn has blamed Republicans for the impasse over pension reform, saying they’ve blocked every proposal brought to the table, but top Republicans have said Quinn has failed to come up with a specific plan he wants lawmakers to approve, and have also blamed House Speaker Mike Madigan, claiming he’s allowed pension reform efforts to die to appease labor unions that would see reduced benefits.

Listen Live!

RSS Most Popular News

Follow CBS Chicago

Like us on foursquare

RSS Contests & Promotions

  • Benjamin Moore Which Team Colors Matter Most? May 24, 2013
    Which Team Colors matter most to you? Either way, you could be a winner! Just sign up now for a chance to win $500 Depot Dollars to the Chicago Sports Depot to pick up some gear with your favorite team colors as they battle it out this week!
  • AVEENO® MEN’S “Building a Healthier Foundation” Sweepstakes May 21, 2013
    AVEENO® Men’s™ knows your family is your foundation. And to take good care of them, you need to take good care of yourself. Win a family day at the ballpark from AVEENO® Men’s™.
  • Join Hankook Tire To Reel In The Next Big Catch May 20, 2013
    Join Hankook tire to reel in the next great catch! Click here to go to www.TirePrize.com and enter for your chance to win the ultimate fishing excursion in Puerto Rico!
  • Meet Jim Rome On Set In Los Angeles May 20, 2013
    AutoZone and the Jim Rome Show are giving one winner and a guest a trip to meet Jim Rome in Los Angeles on the set of his Showtime television show! Enter for your chance to win!
WBBM Newsradio 780, Radio Stations & Broadcast Companies, Chicago, IL

Twitter Updates