Press Detail

Pension Reform: The Cost of Inaction

Posted on June 14, 2013

Chicago Tonight

On this segment, Civic Federation President Laurence Msall joined a panel discussion on the Illinois General Assembly’s failure to enact comprehensive pension reform before adjourning its spring session May 31. The Civic Federation supported Senate Bill 1 as amended in the House, which would put the State on an actuarially-sound path to achieve 100 percent funding in 30 years.