Business owners urged to talk to lawmakers
GENEVA – Doug Whitley doesn’t expect pension reform to come to Illinois anytime soon unless lawmakers get serious about making tough decisions.
Whitley, president and CEO of the Illinois Chamber of Commerce, spoke to members from the Geneva, St. Charles and Elgin chambers of commerce Thursday at a state chamber update breakfast at Eagle Brook Country Club in Geneva.
Pension reform took up a large portion of his keynote speech about how to make Illinois a better place for business. He said the state has almost $100 billion in unfunded pension promises and is taking in only $30 billion in revenues to offset it.
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