Gubernatorial Candidates, Unions Voice Thoughts On Pension Plan



Candidates running for Illinois governor in 2014 have started shaping up their positions on a new pension proposal that lawmakers are expected to consider this week.
 
Republican venture capitalist Bruce Rauner said in a Sunday email to supporters that it's the wrong deal forIllinois. He says the savings are insufficient and he doesn't agree with how lawmakers reached the agreement.
 
Meanwhile Republican state Sen. Bill Brady says he's in favor. In a statement, he says that it's package of "meaningful reforms" that would strengthen Illinois' fiscal stability. Brady sat on a bipartisan pension panel for months.

State Treasurer Dan Rutherford's reaction to the pension proposal can be found in our interviews archive. State Sen. Kirk Dillard says he wants to see the proposal before voicing his thoughts.
 
Illinois' public unions are staging an all-out campaign to thwart approval of a new plan to solve the state's $100 billion pension crisis.
 
Union leaders oppose a reform plan unveiled last week that would save the state an estimated $160 billion over 30 years. They say it will rob state employees of retirement savings they were promised and worked years to earn.
 
All four state legislative leaders and Gov. Pat Quinn are working to secure support for the agreement, which could be voted on in Springfield as early as Tuesday.
 
The unions are specifically targeting Democratic senators from moderate, swing districts where election opponents can hammer them for inaction or being too tough on state workers. Union leaders say 8 to 10 lawmakers in the chamber are considered "persuadable."

(Copyright 2013 by The Associated Press. All rights reserved.)

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Topics : LaborPoliticsSocial Issues
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Locations : Illinois
People : Bill BradyBruce RaunerDan RutherfordKirk DillardPat Quinn
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