37 lawmakers decline pensions while state faces unfunded liability

2015-03-10T00:06:18-07:00March 10th, 2015|Categories: Retirement|Tags: , , |

Four years ago, state Rep. Tom Morrison walked into a state office and announced he didn’t want a pension. “I got a blank look in response. The General Assembly has an incredibly generous pension plan, and I was told I was the first legislator to choose not to participate in more than 14 years. I guess I was a trend-setter because today one-fifth of the General Assembly doesn’t participate,” the Palatine Republican said. Indeed, documents obtained by Illinois News [...]