www.illinois.gov

Pat Quinn, Governor

State Links Skip to Content Skip to State Links

 Government
 Business
 Employment
 Education
 Health & Safety
 Family & Home
 Visiting
 About Illinois
 Illinois.gov

Stay Informed

Your Government


Illinois Flag Honors

Inspector General


 IGNN: State/All Press Release

ILLINOIS NEWS
The State of Illinois News page provides access to the Illinois Government News Network and all state press releases.


FOR IMMEDIATE RELEASE
January 2, 2013

Statement from Governor Quinn Regarding the Fiscal Cliff and the Urgent Need for Pension Reform

CHICAGO – January 2, 2013. Governor Pat Quinn today issued the following statement regarding the U.S. Congress’ bipartisan action to avoid the fiscal cliff and the urgent need for pension reform in Illinois before Jan. 9:

“I salute President Barack Obama for his leadership and the members of Congress who took decisive and bipartisan action yesterday to avert the nation’s fiscal cliff.

“It was encouraging for Illinois and the country to see members from both sides of the aisle step up and find common ground to prevent a devastating fiscal disaster. The historic vote they took will help maintain unemployment benefits for two million people across the country and 89,000 in Illinois, to ensure our economic recovery continues during this critical time.

“Illinois lawmakers must take heed and act quickly in this Jan. 2 – 8 session to address our state’s own fiscal cliff.

“Every day that urgently needed action on pension reform is delayed, the problem gets worse. Our unfunded pension liability has reached $96 billion and without pension reform, it grows by $17 million every single day.

“Lawmakers now have the opportunity to act to prevent skyrocketing pension costs from squeezing out core services like education, public safety and healthcare.

“I continue to work every day with lawmakers and legislative leaders, and urge them to send me a bill that stabilizes our pension systems before Jan. 9.

“Illinois cannot move forward without pension reform."



###

News Categories

 State/All
 Governor's Office
 Lt. Governor's Office
 Agriculture
 Budget/Fiscal
 Business
 Children/Families
 Culture
 Disabilities
 Economic Development
 Education
 Environment
 Flag Honors
 Health/Human Services
 History
 Infrastructure
 Opportunity Returns
 Recovery
 Safety/Security
 Technology
 Tourism/Recreation
 Transportation
 Workforce/Jobs

News Resources

 Search the News
 IIS Radio News
 RSS News Feeds
 e-News Subscriptions
 Communications Office
 Privacy Statement

Features

Sign up for an e-news subscription
Copyright © 2014 State of Illinois Site Map | Illinois Privacy Info | Kids Privacy | Web Accessibility | Contact Us