teacher/poet/musician glen brown: While You Were Sleeping: Senator Kyle McCarter Proposed Senate Bill 3932

29 Sep

Senator Kyle McCarter unveiled new hybrid pension reform plan: Comprehensive answer to pension crisis

Springfield, IL. – With progress on wide-ranging solution for Illinois’ massive public pension debt crisis stalling out, State Sen. Kyle McCarter (R-Lebanon) offered his own proposal on August 17, a special session day for the General Assembly.

McCarter said it’s a hybrid plan that offers a comprehensive approach affecting all five public pension systems, not just one or two systems that previously announced legislation included. In fact, some of the reforms approved at the end of the spring legislative session, May 31, have lost legislative support.

“My plan, in Senate Bill 3932, incorporates across-the-board improvements, more than any other proposal that has been discussed up to this point, and I invite the interested parties to work together to make it better,” said McCarter. “The legislation currently on the table, which is limited in scope, is simply not sufficient to properly address our growing pension crisis.” More…

via teacher/poet/musician glen brown: While You Were Sleeping: Senator Kyle McCarter Proposed Senate Bill 3932.

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