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Quinn Announces Pension Education Campaign
$96 billion. That's the new figure from Gov. Pat Quinn when talking about Illinois' unfunded pension liability. Lawmakers have yet to figure out how to save the system.
Today, Quinn launched a grassroots campaign to educate citizens about the need for pension reform and activate them to get involved through social media.
The Chicago Democrat, surrounded by children saying "Thanks in advance" called the pension crisis "the most urgent challenge of the decade."
Quinn talked about how the pension system is squeezing Illinois schools, public safety, job creation, healthcare, and other services.
"I want to make sure everyone in Illinois understands that we will get this done," he said. "We will never ever yield until we get it done. We have to do it for these boys and girls."
The We are One Coalition issued a statement saying:
"No one doubts the need for pension reform. The question is whether it will be real reform that is fair to workers and upholds our state's constitution while fixing the real problem: the past failure of politicians to pay their share. That is not what Gov. Quinn proposed."
Lawmakers return to the capitol the week after Thanksgiving for the veto session.
However, pension reform could come during the lame duck session, which is the first week in January.
Learn more about Quinn's grassroots campaign and the decades-old pension crisis.