GOP's Rutherford says he opposes state pension bill
December 2, 2013 11:47AM
Updated: December 2, 2013 11:56AM
Raising constitutional concerns, Illinois Treasurer Dan Rutherford — who is a GOP gubernatorial candidate — is opposed to a landmark pension reform bill.
It’s a stark contrast from state Sen. Bill Brady, R-Bloomington, who this weekend said he planned to vote in favor of it.
Bruce Rauner, another GOP gubernatorial candidate, is also opposed, saying he believes the deal is a bad one for taxpayers.
State Sen. Kirk Dillard, R-Hinsdale, is supporting public hearings on the matter.
Here’s Rutherford’s statement:
PENSION REFORM LEGISLATION
Chicago-December 2, 2013- “I have taken due consideration over the long
Thanksgiving weekend to evaluate the proposal for State Public Pension Reform.
Having examined the information available, I do not support the current legislation. I do not believe it will withstand judicial review should it pass the Illinois General Assembly,” said State Treasurer Dan Rutherford.
“Strong beliefs are held in this debate, but fundamental to our rule of law is our Constitution. Our government’s obligation can be changed through a process
involving adequate consideration to the employees. In my opinion, the legislation before us fails to address this relationship and offer adequate consideration in exchange for altering the pension benefits.”
“I look forward to working with the General Assembly and interested parties for a fair, Constitutional resolution to the biggest financial issue facing our state”, concluded Treasurer Rutherford.