A press release from State Senator Karen McConnaughay:
Eligible for on Government Pension, McConnaughay Turns Down Chance for a Second
State Senator Karen McConnaughay (R-St. Charles) has voluntarily turned down the legislative pension offered to members of the General Assembly.
“As someone who is already eligible for a pension after twenty years of service in county government I do not believe it is appropriate to receive two pensions.
“Pension reform is one of my top priorities in this legislative session.
“We must find solutions that preserve the retirement systems for our retired teachers and other public employees who have paid into the system throughout their years of service.”
Senator McConnaughay went on to say,
“I believe that as leaders in our government we must lead by example. I hope this trend continues within the General Assembly if we are going to begin to make headway on Illinois’ massive pension deficit.
“Without comprehensive reform Illinois’ pension obligations pose a legitimate long- term threat to our state’s already faltering economy.”