A press release from State Rep. David McSweeney:
McSweeney Refuses Legislative Pension and Files Bill to Eliminate Legislative Pensions
Cary, Illinois – State Representative David McSweeney (R- Barrington Hills) has voluntarily cut his pay and district office budget and has refused to participate in the legislative pension system. He has also filed legislation to eliminate pensions for legislators.
House Bill 179 would eliminate legislative pensions for all new members elected in the 2016 election and beyond.
A bill introduced by McSweeney last legislative session that would have also halted legislative pensions for existing members did not receive adequate support.
“We are in a financial crisis and we must cut unnecessary spending, not raise taxes,” McSweeney said.
McSweeney also praised the growing number of members who have also chosen not to accept pensions.
“Legislators must lead by example during this financial crisis.” McSweeney said.