Our View: Thumbs up to signs of life in pension crisis
Thumbs up: To a glimmer of hope for a vote on pension reform. Illinois lawmakers have been told by an aide to Speaker Michael Madigan to be ready for a special session on Dec. 3, when they potentially could take a vote on a plan to address the state’s $100 billion pension crisis. We have persistently called on legislators to address this issue, which has sapped state resources and left it with the lowest credit rating of any state in the union. Although lawmakers still appear far from voting on a resolution on the matter, signs of progress are better than nothing.