* From an Exelon/ComEd press release…
Exelon and ComEd, along with the State Chamber, the Civic Committee of the Commercial Club of Chicago, the Civic Federation and others support Governor Pat Quinn’s call to action to reform Illinois’ pension laws and review Medicaid policy this session.
Chicago - Exelon and ComEd, along with the Illinois State Chamber, the Civic Committee of the Commercial Club of Chicago, the Civic Federation and others support Governor Pat Quinn’s call to action to reform Illinois’ pension laws and review Medicaid policy this legislative session. These steps are required to improve the financial health of the State of Illinois, rebuild a sustainable platform for economic recovery and growth, and improve the business climate necessary for job growth.
We recognize that pensions are important to everyone and provide a level of security and quality of life that people work their entire lives to achieve. However, the current structure is in dire need of change that, without it, threatens the entire financial integrity of the state and the future of many public employees.
The Governor and the leaders of the General Assembly are taking bold, courageous steps to improve the financial integrity of Illinois, and thereby enhancing us as an economic powerhouse in the country.
These guys are always at the Statehouse either asking for special treatment or trying to stop somebody else from getting a leg up on them, so backing the leaders certainly helps them because it shows they’re “on the team.”
But it sure rubs me the wrong way. “Zap the workers and retirees, zap health care for the poor, but keep those special favors coming for the giant utility company!”
Such a great slogan.
* New Tenaska plan faces same opponents
* Tenaska Compromise Doesn’t Win Over Skeptics
* State, teachers far from deal on pension reform: For the first time, the Illinois Federation of Teachers is hinting they might be willing to give a little. “Our members are willing to sacrifice more to help solve the pension crisis, but they are definitely not willing to bear the whole burden by themselves,” federation spokesman David Comerford said. “Although we have made our pension payments through every paycheck, we’ve offered reasonable changes that will result in billions of dollars of state savings over the coming years.”
* Quinn, business form unlikely alliance on budget cuts
* Finke: Jumping to action to cut off retirees
* Our Opinion: Legislators take step in right direction
* Time almost gone for input on Illinois school plan
* Chicago teachers polled in “dry run” strike vote
* Week in Review: Pensions, health care take center stage in IL