State of Illinois secondary Archives: on Social Security


Alexi Giannoulias: Increase taxable wage base instead of raising retirement age

Q: On social security, would you look at upping the retirement age?

GIANNOULIAS: We're going to have to take a look at what the deficit commission says and look at their ideas. I'm personally not in favor of increasing the age limit. I do think we need to look at different options on the revenue side, maybe increasing the taxable wage base, finding ways to get more revenue, but I'm all for strengthening social security, not diminishing it.

Source: NBC's Meet the Press: 2010 IL Senate debate Oct 10, 2010

Jesse Sullivan: Transition state pension fund to private retirement plan

A benefit earned is a promise made; we cannot violate our obligation to retired pensioners. That said, we cannot afford to dig a deeper hole--our state's unfunded pension liability is preventing us from spending on other critical priorities. We must make common sense reforms to future benefits that give our state the freedom to spend on essential priorities like education and public safety. We must transition to a private sector style retirement plan as quickly as possible for new members.
Source: 2021 IL Gubernatorial campaign website JesseSullivan.com Oct 12, 2021

  • The above quotations are from State of Illinois Politicians: secondary Archives.
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