4/14/10: Governor Quinn Signs Historic Illinois Public Pension Reform Bill

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Uploaded by on Apr 16, 2010

SPRINGFIELD April 14, 2010. Governor Pat Quinn today signed into law the most significant public pension reform bill in our nations history that will save taxpayers billions of dollars while protecting the retirement of state workers.

From the moment I took office, I have worked to overhaul Illinois pension system to provide relief to taxpayers while protecting the savings of Illinois retirees. This effort was realized when the General Assembly passed a major and unprecedented public pension reform bill, and I am proud to sign it into law. I congratulate House Speaker Michael Madigan and Senate President John Cullerton for their leadership on this crucial issue. I also commend members of the General Assembly for their bi-partisan support and for helping to bring in a new era of greater fiscal responsibility and accountability to Illinois, said Governor Quinn.

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