Illinois Governor Pat Quinn is launching an internet campaign stressing the importance of pension reform. It comes as some lawmakers say there's no rush to pass any changes to the pension system. Surrounded by 18 fidgeting children Governor Quinn said the state's massively underfunded pension system needed to be addressed for the sake of their future. Legislative leaders have said the General Assembly should address pensions in January, right before the new class is sworn in. But State Representative Elaine Nekritz, who chairs a pensions committee, says the legislature can wait until the end of the fiscal year in June:
"The pension systems themselves don't want anything implemented in the middle of a fiscal year and legislatures don't like to act too early."
But Pat Quinn doesn't like how that sounds:
"I don't think the people and children of Illinois should wait. Itís time to act."
Quinn also repeated his support for shifting pension costs. a controversial proposal that would require local school districts to help pay for their teachers' pensions.
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