Gov. Pat Quinn today announced that he’s calling a special session for Aug. 17 to deal with pensions, though the session will most likely only address state workers in the State Employees’ Retirement System and the legislative pension system.
The Illinois House was already scheduled to be in Springfield that day to handle the matter of Chicago lawmaker Derrick Smith, who is facing criminal charges for allegedly accepting a bribe. Quinn is asking that the Senate head to Springfield, too, to come up with a solution to the pension issue for two of the state’s pension systems — state employees’ and lawmakers’.
A bill to address those two pension systems has already passed the Senate. It would apply to all state employees hired before Jan. 1, 2011 and would force them to choose between keeping their current cost of living increases in retirement or accepting less money in exchange for receiving health insurance.
Quinn also said during the same luncheon at the Chicago City Club Monday during which he announced the special session that he believes school districts should start picking up the tab for employees’ pensions rather than the state and said the shift could be implemented over a 12-year period.
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