Illinois' pension failure has many fathers
Ever since former Illinois Republican Gov. Jim Edgar started publicly criticizing current Republican Gov. Bruce Rauner, Edgar has been subjected to a steady drumbeat of criticism from the far right.
The focus of most of that criticism is what's come to be known as the "Edgar ramp." The phrase describes the ramping up of state pension payments to the current point, where pension expenses are consuming about a quarter of the state's budget.
There is no doubt the Edgar ramp was flawed, as all compromises are. The annual pension payment increases were too gradual at the beginning, which made them steeper than they should have been years later.
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