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Wednesday, July 1, 2009 9:38 PM CDT
LETTER: Legislation does not borrow from pensions
CHAPIN ROSE, State Representative
I am writing with respect to Tuesday’s story on the state pension bill (SB 415). There was some confusion as to what this legislation did or did not do.
Respectfully, this legislation did not “borrow from the pension systems” as reported. In fact, the whole point of the bill was to ensure that the full certified payment is made with new funds while freeing up over $2 billion that could then be used to restore Governor Quinn’s proposed cuts to our community based providers for the developmentally disabled and otherwise.
Unfortunately, the article missed this critical point and readers would not realize that under this legislation the entire amount owed to the systems (as certified by them) will absolutely be paid — while at the same time provide budget flexibility to address the drastic cuts elsewhere in the budget.
To that end, House Amendment #3 to SB 415 specifically provides that the full payment as certified by the systems will be made out of normal funds in the event that the proposed transfer would wind up short of the $2.2 billion. Further, House Amendment #4, specifically delineates that the legislative intent of this infusion of $2.2 billion in new funds shall be used to assist our most vulnerable. To quote from the legislation the funds will go to services, “provided by community-based human service providers to ensure that we continue assisting the most vulnerable of our citizens.”
In other words this bill was designed to do two things: make our full certified pension payments and keep the doors open of our local organizations, like CCAR (and others) whose funding was threatened by both Governor Quinn’s choices and the so-called 50 percent budget approved by a majority of the General Assembly – a budget that I did not support.
But don’t take my word for it, go read HA #3 and #4 for yourself at www.ilga.gov. Please note that while you’re looking at the bill, Amendment #2 is the operative language that frees up these funds for the use of the human services sector and that Amendment #1 was withdrawn and should, therefore, be ignored.
Finally as to the error in the article, I would note that both the Teachers Retirement System and the State University’s Retirement System supported this legislation.
Please do not hesitate to contact me at 217-348-7673 should you have questions.
CHAPIN ROSE
State Representative
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Tom Andres wrote on Jul 2, 2009 9:21 AM:
The free press has the right, an obligation actually, to editorialize the inner workings of government; however, news belongs on the front page, and opinion belongs on the opinions page. The headline should have read: House OKs borrowing plan. Then the reader would not be required to separate the facts of the news from the opinion of the reporters.
To Chapin Rose and Dale Righter: As to the Republican idea to borrow more money, I vehemently disagree with any plan to borrow anything, especially now. Obviously, weve done enough of that already! Thats why were in this mess! Why is no one in Springfield recommending immediate cuts in spending? Anyone who receives a check from the State of Illinois should be subject to ACROSS-THE-BOARD reductions in payments until such time as were living within our means.
Apparently Springfield cant agree on how to identify and eliminate (or defer) unneeded spending programs. Obviously Patrick Quinn isnt a strong enough leader to force a consensus. A fair alternative is to cut ALL expenses by the same percentage until were spending less than we take in.
Chapin, Dale, are you listening? I dont know what you hear, but what I hear your constituents saying is: We dont want higher taxes and fees; in fact, we want lower taxes and fees! We dont want programs terminated or parks closed, and we dont want to burden our offspring with debt! So, how about some common sense, for once, coming from Springfield?
Heres the way I see this. The first Representative or Senator who LOUDLY proclaims a common sense solution to a rather simple budgeting problem will be a serious contender in our next gubernatorial race. Which one of you will finally take the reins on this issue? Will it be Governor Rose and Lieutenant Governor Righter or will it be Governor Righter and Lieutenant Governor Rose? "