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John Cullerton - Pension Crisis in Illinois
Senator John Cullerton served as the President of the Illinois Senate from 2009 through 2019 during a time when the state's pension problem was rapidly growing, in part due to a pension ramp bill passed in the mid-1990s. Senator Cullerton helped lead efforts to reform the state's pension system, and working with Gov. Quinn created a two tier pension system that covered new state employees. He also led an effort to reform the system for those already covered in tier one. That effort was eventually stymied, and the resulting bill, not one favored by Cullerton, was later declared unconstitutional.
Interview Session (Audio)
This graphic display of what came to be known as the Edgar pension ram appeared in a Crain’s Chicago Business article written by Dave McKinney on August 10, 2015.
When: August 10, 2015.
Ownership: Crain’s Chicago Business article written by Dave McKinney
This chart appeared in a Wirepoints article written by Ted Dabrowski and John Klingner of the Illinois Policy Institute.
Where: Chicago, Illinois
When: November 7, 2019