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Thursday, May 24, 2012

It looks like it will hit the fan in the next twenty-four. « Fred Klonsky

It looks like it will hit the fan in the next twenty-four. « Fred Klonsky:


It looks like it will hit the fan in the next twenty-four.

Wednesday night the Illinois Association of School Administrators issued a report on what they thought was coming out of the discussions about state pensions in Springfield.
Because their site is password protected, I’ll print the entire report here:
Pension reform package starting to take shape
 
Daily meetings this week have produced enough movement that a pension reform bill that appears to answer most constitutional questions, offer employees and retirees choices, maintain the solvency of the pension systems and save the state billions over the next three decades now seems possible.
 
“As school administrators, there still are some questions we need answers to, but I think the pieces are getting close to being in place that could make a deal possible,” said Dr. Brent Clark,