Allow lllinois municipalities to make their own retirement benefit decisions for employees
- Target:
- Illinois State Legislature
- Region:
- United States of America
- Website:
- www.PROillinois.com
The Problem?
The Illinois pension system is in jeopardy. If we continue to provide lavish, outdated pensions to newly-hired government employees, our state and local governments could be bankrupt in just a few years.
The Solution?
Give local government in Illinois an option that stops the flow of NEW EMPLOYEES into the current, broken pension system.
Allow Illinois municipalities to choose the retirement benefit they offer to new employees. They may provide new employees with the current pension system, or they may provide them with a 401(k)-style retirement plan.
Allow Illinois municipalities to choose the retirement benefit they offer to new employees. They may provide new employees with the current pension system, or they may provide them with a 401(k)-style retirement plan.
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The Allow lllinois municipalities to make their own retirement benefit decisions for employees petition to Illinois State Legislature was written by Kati Spaniak and is in the category Local Government at GoPetition.