OAKLAND – A plan to consolidate 650 downstate pension funds passed the Illinois General Assembly during last week’s veto session, but that plan was met with skepticism from many Republicans that simply don’t trust Illinois Democrat fix-it schemes.
State Representative Chris Miller (R-Oakland) says he voted against the Governor’s scheme to consolidate the 650 downstate police and fire pension funds because giving the state control of local pension funds sounded more like a scam than a reform.
“I have heard from many of my local police and fire departments and the idea of turning the management of their pension funds to the state of Illinois is something they have zero interest in seeing happening,” Miller said. “It may be the greatest reform in the history of reforms, but there is no trust in the state to manage these funds. It is just like what President Reagan said, ‘the nine most terrifying words in the English language are I’m from the government and I’m here to help.’”
