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John J Cullerton

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Top John J Cullerton Articles

Displaying items 34-44
  • Pension debate at 1970 Constitutional Convention echoes in today's crisis

     Pension debate at 1970 Constitutional Convention echoes in today's crisis
    Illinois' crushing public pension crisis has been literally decades in the making, but the present stalemate in Springfield over how to resolve it can be traced in great measure to a single point in time: July 21, 1970. Richard Nixon was president,...
  • What a difference a dozen years makes!

     
    UPDATE -- Laura Washington and I will be guest panelists on this topic with moderator Elizabeth Brackett at 7 p.m. on Chicago Tonight, WTTW-Ch. 11 Here's Sun-Times columnist Laura Washington on the Democratic gubernatorial race and the possibility that...
  • Cullerton: Illinois pension debt not a 'crisis'

    Cullerton: Illinois pension debt not a 'crisis'
    Illinois Senate President John Cullerton said Sunday that the state's massive public employee pension debt is not a "crisis," but instead an issue being pushed by business-backed groups seeking lower income taxes at the expense of retiree benefits....
  • Illinois lawmakers reach tentative deal on pension fix

    Illinois lawmakers reach tentative deal on pension fix
    Top Illinois legislators said today they’ve reached agreement on a plan to deal with the state’s worst-in-the-nation unfunded public pension liability and expect to vote on it next week. Details of the measure were unclear today and its...
  • Quinn now has 2 legislative wins to fuel re-election effort

    Quinn now has 2 legislative wins to fuel re-election effort
    For Gov. Pat Quinn, putting pen to paper on a bill to salvage the nation's worst-funded state employee pension system will be a signature moment both literally and politically. More than two years of the governor's repeated calls for action on the...
  • Illinois approves major pension overhaul

    — Illinois lawmakers narrowly approved a historic, sweeping overhaul of government worker pension systems Tuesday, overcoming years of political and philosophical differences in an attempt to address one of the state's most pressing financial...
  • Webliography: Can the state reduce pension benefits?

     
    UPDATED! There have been a variety of formal opinions issued on the question of whether the Illinois Constitution allows the state to state reduce pension benefits and if so in what fashion. Here are some: No Is welching on public......
  • Raising Arizona -- Setbacks in the Grand Canyon State suggest Illinois is in a big legal hole

     
    If you think the political battle over pension reform in Illinois was long and tough, just wait for the legal battle. After years of wrangling, ducking and finger pointing, the General Assembly Tuesday passed a series of modifications to certain......
  • State lawmakers to miss at least one more paycheck

    State lawmakers to miss at least one more paycheck
    Gov. Pat Quinn, in full re-election mode, took the unusual step of showing up in court today for the first hearing in lawmakers' effort to get their paychecks restored after the governor suspended their pay citing a lack of action on pension reform....
  • Madigan: Quinn's paycheck veto void, will not be addressed

    Madigan: Quinn's paycheck veto void, will not be addressed
    SPRINGFIELD — Gov. Pat Quinn’s veto of lawmakers’ paycheck will not be taken up as lawmakers return to town for the fall veto session. House Speaker Michael Madigan, D-Chicago, filed a letter today explaining that the governor’...
  • Emanuel warns of looming city pension crisis in budget speech

    Emanuel warns of looming city pension crisis in budget speech
    Mayor Rahm Emanuel today unveiled a nearly $7 billion budget for 2014, but also focused on a year from now and warned what will happen if the city doesn't fix its pension system by then. “Should Springfield fail to pass pension reform for...