Rep. Renée Kosel, (R-New Lenox) who currently serves as the Assistant Republican Leader in the House, shared insights about the state's $95 million pension crisis.
In regard to a Dec. 6 finance committee meeting at New Lenox School District 122, she suggested a "grandfather" clause instead of the proposed retroactive, phase-in by local school districts' in regard to teacher pensions.
She said something has to be done. The state can't afford to continue paying these pensions. In any case, the prospect of passing it to the locals is a "non-starter." If switching to the locals is part of the solution, then you let them know up front, not throwing it on them retroactively."
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