“We who are members of the state retirement systems didn't create the horrific debt facing Illinois taxpayers. It was created by our legislators and governors who continued to spend -- and promise -- more than their income (i.e., taxes) could afford. They had the choice to cut spending or raise taxes. Over and over, they chose to keep spending and promised to find the money later. Now, it's later. And their solution is to blame someone else and steal the money from their employees' retirement funds. Would you want someone taking your pension?"
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