The Illinois Pension System

Illinois has many problems with dealing with their pension system. Illinois funds about 43.4% of the pensions it is supposed to fund. It is considered healthy to support the pension systems at least 80%. Illinois also faces a 83 billion dollars in unfunded pensions. Illinois seems to be doing a lot of things wrong but they are trying to set the record straight. They are attempting to get rid of their unfunded pension debt and are now one of the top taxing states in America along side New York, California and Maryland. Illinois thinks that changing the year that government workers may retire, 55, and making them wait longer will help them deal with the pension, which it will. The problem is some people get sick and die even before they reach fifty five or they get so old that when they retire they cannot do the things they dreamed of anymore because they are so old. I believe that this it is wrong to raise the retirement age, but I do believe that what they are doing with education is worse. Governor Quinn said that there will be more cuts to education to help the pension system. I see education as one of the most important utilities that America has and what Illinois is doing is destroying their education system. I believe that many people see education as something to cut because it does not affect them anymore, everyone voting is done with their government funded education. I believe education is the building blocks of everything that this country has because everything that is made, decided is by (hopefully) people who have had a good education. By cutting education, the US is not going to be what it is now because the people leading this country are going to be the people who were starved of education.