Quinn continues pension push, points to the numbers

By WEEK Reporter

August 5, 2012 Updated Aug 6, 2012 at 8:43 AM CDT

SPRINGFIELD, Ill. -- Illinois Governor Pat Quinn is continuing his push for pension reform. This time, he says he's letting the numbers do the talking.

Sunday, Quinn's office released data comprised by the Illinois Office of Management & Budget.

It shows the state is on track to spend more on pensions than education by the fiscal year 2016. That is, unless, state lawmakers enact a comprehensive pension reform plan.

Quinn's office points out that plan would have to shift the cost of teacher's pension onto the shoulders of individual school districts, a possibility area school officials have spoken out against.

Projections show while that would increase costs for districts by roughly $49 million each year, not enacting such a plan would force the state to cut funding for each district by $152 million.

These numbers come days after Quinn called for a special session in Springfield dedicated strictly to pension reform.

That is set to begin Friday, August 17.