On Tuesday, April 9, both chambers of the Illinois General Assembly voted to pass a pension reform bill that critics, including State Senator Bill Brady (R-Bloomington), say takes a piecemeal approach at addressing an important issue. Brady voted against SB 1922, a bill many are calling a Chicago pension bailout.
“This bill falls short of being a comprehensive solution,” said Brady. “There is also no question that this legislation leads to a massive property tax hike on the people of Chicago. Without question this will have a damaging effect on economic opportunity and new employment. If Democrats had taken an approach similar to the one they took in SB 1, and worked in a bi-partisan manner, we could have come up with the solution to move the state forward that the people of Illinois deserved.”