Holmes' pension consolidation plan signed into law
- Details
- Category: New Releases
SPRINGFIELD – With so much ongoing pressure on the state’s pensions systems, State Senator Linda Holmes (D-Aurora) and the Senate passed a measure in November to consolidate local police and firefighter pensions. Governor JB Pritzker signed the measure into law today.
“Consolidation is one means to reduce some of Illinois’ pension funding crisis; it will save the state millions of dollars in administrative costs without affecting the members’ benefits,” Holmes said. Holmes was the chief co-sponsor of the legislation.
Under Senate Bill 1300, the roughly 650 separate funds will be consolidated over a 30-month transition period. It is expected to save $160 million annually.
“Every option has to be considered to address the pension crisis, and I’m happy this worked out among the legislators and advocates negotiating for a solution,” Holmes said. “It is just one step, but it is one in the right direction. Now it’s time for more progress.”
Holmes outlines major infrastructure improvements for area roads
- Details
- Category: New Releases
SPRINGFIELD - State Senator Linda Holmes (D-Aurora) has announced that the new Illinois Department of Transportation five-year highway construction program includes major investments in roads in the Aurora area, to the tune of $10.8 million in improvements.
In the multi-year plan’s first year, a project on Route 31/Lake Street from Rathbone Avenue in Southwest Aurora to Webster Street/Aucutt Road in Montgomery is already nearing completion. Started in September, the $850,000 project includes 1.22 miles of asphalt resurfacing and ADA compliant crosswalks and ramps. It is scheduled for completion in November.
“These are long overdue issues for safety and traffic flow on Lake Street,” Holmes said. “I’m pleased to already see positive results this funding is bringing to our community, and I look forward to more projects ahead in this multi-year plan.”
Holmes sponsored measure to cap insulin costs passes Senate
- Details
- Category: New Releases
SPRINGFIELD – The Illinois Senate passed a measure today to cap the cost of insulin for people with diabetes. State Senator Linda Holmes (D-Aurora), voted in support of the legislation.
“People need this lifesaving medication and shouldn’t have to choose between food, rent and medicine,” Holmes said. “Capping this cost ensures patients won’t be put at risk by skipping or rationing their insulin because of the cost. We need to do more to stop the skyrocketing cost of prescription drugs and this is a step in the right direction.”
Senate Bill 667 caps the out-of-pocket cost for insulin at $100 per month. It also directs the Office of the Attorney General to investigate the causes of the rising price of insulin and publish a report on their findings.
Having passed the Senate, the bill will now head to the House of Representatives for consideration.
Holmes honored for transportation investment in Illinois’ future
- Details
- Category: New Releases
SPRINGFIELD – Illinois took a critical step forward in investing in a better economic future this spring, and Sen. Linda Holmes (D-Aurora) is being honored for the role she played to make it happen.
Sen. Holmes announced today she has received the Friend of Infrastructure Award from the Transportation for Illinois Coalition for supporting the state’s new $45 billion capital construction program.
“Every day, our constituents drive on roads filled with potholes, wait on broken down trains and in traffic, and wonder about bridges they’re traveling over that show cracks and signs of serious wear,” Holmes said. “I was proud to stand up for a stronger economy and a safer Illinois by voting to invest in our infrastructure, and I appreciate the recognition from the dedicated advocates in TFIC for supporting our future and moving Illinois forward.”
More Articles …
Page 45 of 79
Follow Sen. Holmes
eNewsletter Signup
