State Senate Craig Wilcox sent the following press release:
Wilcox Pledges to Refuse Legislative Pension
“How do we tell [future employees] that we expect them to enter into a pension system that has
every likelihood of being insolvent by the time they choose to enter into retirement?”
Chicago, Illinois – August 22, 2018 - Craig Wilcox, a candidate for State Senator in Senate District 32, and an independent leader going to Springfield to fight for the taxpayers, signed a pledge to refuse a legislative pension once elected.
The pledge was developed by economic policy journal Wirepoints.com.
Wilcox was joined by Wirepoints President Ted Dabrowski, State Representative and former conservative candidate for governor Jeanne Ives (R-Wheaton), State Representative Tom Morrison (R-Palatine), and a coalition of other reform candidates.
Wilcox talked about how McHenry and Lake County legislators have been leading the way by declining to enroll in the state pension system.
When voters elect the right candidates on Nov. 6, 2018, “there is a very likely possibility that every legislator representing McHenry County either will have already declined the General Assembly Retirement System (GARS) pension or will have promised to decline the pension.”
With the additional pension reform work done while Wilcox has been on the McHenry County Board, he also stated, “someday soon, I hope to be able to say that McHenry County will have zero legislators and zero county elected officials participating in any state pension program.”
He went on to address the unfairness of failing to take action on the pension crisis, noting retirees, state taxpayers, current employees and future hires are all impacted.
“For those graduating college to become teachers, or graduating police academy… how do we tell them that we expect them to enter into a pension system that has every likelihood of being insolvent by the time they choose to enter into retirement,” Wilcox asked.
“We must change the path that Illinois is on.”