Time to get real about public sector pensions

Despite the dire financial condition of his state, and the fact that it was (and still is) a sovereign deadbeat that fails to pay its bills, Illinois Democratic Gov. Pat Quinn found room to cut a sweetheart deal with its public employee unions in September. They were guaranteed two years of cost-of-living increases and no layoffs. Quinn, in turn, got the union's endorsement and won his 2010 election
http://washingtonexaminer.com/opinion/editorials/2011/01/examiner-editorial-t...