July 8th Pension Reform Committee Highlights

Pension Reform Conference Committee on July 8, 2013
Members of the the Pension Reform Conference Committee met for the third time yesterday to discuss options for comprehensive pension reform.

Today was the date established by the Governor to take action on pension reform. At yesterday's meeting, the Conference Committee overwhelmingly agreed that the July 9th date set by Governor was an unrealistic deadline without knowing what the Governor will accept as reform.

Testifying at the hearing were: Rep. Mike Fortner on his legislation HB 2365, Dave Urbanek on behalf of the Teachers’ Retirement System, Tim Blair on behalf of the State Retirement Systems, Jerry Stermer from the Governor’s Office, and Rich Whitney and Professor William Barclay on behalf of HB 1554 and SB 7.

At this time the Conference Committee has not set a date for the next meeting and will stand adjourned until the call of the chair.

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Rockford Register Star
News Channel 20, ABC
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