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Reeder: Fix pension system by walking away from it

Scott ReederJournalist

Nov 27, 2013

Hang on to your wallets – the Illinois General Assembly may soon be back in town.

House Speaker Michael Madigan has told his members to be back in Springfield Dec. 3 for a special session to address the state’s pension crisis.

To quote the baseball great Yogi Berra, “It’s déjà vu all over again.”

Madigan has been a part of more than a few pension “fixes” during his more than four decades in public office.

The reality is that none of those “fixes” has solved much of anything. They have simply pushed the inevitable day of reckoning further down the road.

We saw it…

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