Those Pension Crises - The Missourian: Opinion

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

Those Pension Crises

Print
Font Size:
Default font size
Larger font size

Posted: Friday, July 12, 2013 6:32 pm

Is what is happening in Illinois in its government pension crisis a warning of problems of that type in other states in the future? Or is it that Illinois just has been reckless in awarding benefits and the day of reckoning has arrived?

Illinois faces a $100 billion shortfall in its pension program. The governor and members of the Legislature can’t agree on a plan to deal with the shortfall. Gov. Pat Quinn has blocked pay for legislators, stopped his own pay, in a move to try to get the members of the Legislature to act. This pension crisis reportedly is the worst in the country among states.

Subscription Required

An online service is needed to view this article in its entirety. You need an online service to view this article in its entirety.

Have an online subscription?

Login Now

Need an online subscription?

Subscribe

Login

You must login to view the full content on this page.

Thanks for visiting The Missourian. You are entitled to view 20 free articles every 30 days. Currently, you have (%remaining%) free articles remaining, (%remaining_reg%) before being asked to register, and (%remaining_sub%) before being asked to subscribe). If you are already a print subscriber, you get FREE access after registering. If you are not yet a print subscriber you can purchase an affordable online subscription to receive full access to emissourian.com & a digital replica of The Missourian. You need an online service to view this article in its entirety.

Have an online subscription?

Login Now

Need an online subscription?

Subscribe

Login

/opinion
;