Pension Reform and the Gubernatorial Race
Pension reform is one of the biggest issues facing the state. Gov. Pat Quinn has passed pension reform legislation, which could be ruled unconstitutional by the Illinois Supreme Court. If that were to happen, Quinn has yet to detail what he would do. As for GOP challenger Bruce Rauner, he proposes shifting workers to a 401k-style, defined contribution system while maintaining all benefits accrued to date. Rauner hasn’t detailed how his pension reform plan would be paid for. Ralph Martire, executive director at the Center for Tax and Budget Accountability, Dan Montgomery, president of the Illinois Federation of Teachers, Bruce Dold of the Chicago Tribune's editorial board, and John Tillman, CEO of the Illinois Policy Institute, discuss the their pension reform proposals and what voters need to know in order to make an informed decision about where each candidate stands on the issue.
View a timeline of pension reform legislation by Gov. Pat Quinn.
--Timeline by Travis Cornejo.