In response to Illinois' ongoing budget challenges stemming from public pension obligations, Democrats in the state's legislature are exploring solutions. They are considering a comprehensive bill to address the mounting pension debt and stabilize the current pension system.

The bill focuses on the existing Tier Two law, aiming to prevent potential non-compliance with federal regulations. If passed, this legislation would allow state and local governments to maintain control over social security benefits. Democrats are aiming for discussions on this bill during the upcoming fall or spring sessions.

Dr. Kent Redfield, retired Professor of Political Science for the University of Illinois Springfield says a large portion of the state budget will be used to pay off the unfunded pension liability.

Dr. Redfield calls the situation a dilemma in which states are trying to prove the impairment of benefits for current or former employees, which is unconstitutional.

There are mixed feelings on the likelihood of any meaningful changes being adopted before the 2024 elections.

Dr. Kent Redfield appeared as a guest on the WTIM Morning Show