Governor Rauner last week vetoed a proposal that if enacted would have allowed downstate police officers and firefighters to transfer up to six years of credit into their pensions.
Danville is already facing a very large deficit in pension funding and has been struggling to try and solve that problem; an override of that veto would make the situation much worse, according to Danville Mayor Scott Eisenhauer…
Eisenhauer explained the longer term ramifications of a credit transfer..
The governor said that adding more stress on already burdened pension programs and retirement funds could break them.
