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Quinn: Pension Problem Is Illinois' 'Fiscal Cliff'

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    NEWSLETTERS

    Is Gov. Pat Quinn running for re-election? "Of course," Quinn said with a giggle. "I'm the governor. We don't plan to change the title," he told reporters Wednesday at an unrelated event. (Published Wednesday, Nov 7, 2012)

    Gov. Pat Quinn says the pension crisis is Illinois' own fiscal cliff.

     

    Quinn Running For Re-Election? "Of Course"

    [CHI] Quinn Running For Re-Election? "Of Course"
    Is Gov. Pat Quinn running for re-election? "Of course," Quinn said with a giggle. "I'm the governor. We don't plan to change the title," he told reporters Wednesday at an unrelated event. (Published Wednesday, Nov 7, 2012)

    The Chicago Democrat spoke to reporters Monday during a breakfast event at Bloomberg's Chicago office.

     

    Quinn Talks Pension Reform

    [CHI] Quinn Talks Pension Reform
    Governor Pat Quinn says the state's pension costs jump by $12 million each day and says the upcoming special session, not post-election, is the time to pass reform. Mary Ann Ahern reports. (Published Tuesday, Aug 14, 2012)

    He's set a Jan. 9 deadline to overhaul the pension system, which is underfunded by an estimated $96 billion. On that day, new lawmakers will be sworn in after a lame duck session in Springfield.

     

    Quinn has spent much of this year talking about reforming the pension system and proposed rough ideas to address it. He also launched a social media campaign to rally the public.

     

    But he's has faced criticism for not being aggressive enough or fully backing a singular plan.

     

    Last week, lawmakers frustrated by inaction came up with their own proposal on pensions. Quinn calls it "intriguing" and a start.