House Bill 4720, filed Wednesday by state Rep. Jack Franks, D-Marengo, would cut off new entrants into the General Assembly’s pension program effective Jan. 1, 2011, meaning that newly elected representatives and senators from 2010 onward would not qualify for pensions.
Franks said he hoped that if the General Assembly made the first change that teachers and other government employees might be willing to follow suit.
"Those pension systems are something ... that can't be sustained anymore," Burzynski said. "We need to look at changing them."
Franks also said the General Assembly was supposed to be a part-time job for its members, and that private businesses in Illinois don’t give part-time employees full-time benefits.
Click on the following for more details: Bill would end legislators' pensions | Daily Chronicle
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