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October 2021 Recapping Pension Improvement Details

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$1 Billion in Transit Funding Announced

This morning, Illinois Governor Pat Quinn and Chicago Mayor Rahm Emanuel held a joint press conference to announce approximately $1 billion in work to be done on the Chicago Transit Authority’s Red and Purple Line routes.

The work will begin in 2012 and last for three years. It will include track replacements, station upgrades, power system installations, and other upgrades to improve efficiency of the system in some of the busiest areas.

Illinois’ capital plan provides a bulk of the funding for this project, with more than $700 million coming from the State of Illinois. When combined with federal funds and city dollars, the total investment tops $1 billion.

“We can’t say enough about how important it is to maintain our infrastructure,” said James Sweeney, President-Business Manager of Local 150. “Anybody who rides on the CTA knows what a vital service it is, and also how badly it needs repairs. This is one piece of the puzzle, but there is a lot more work to be done on aging tracks like the Blue Line, where even during rush hour, cars travel faster than the trains.”

“Again, capital funding from our state will provide jobs for hard working local construction workers. The beauty of infrastructure investments is that they benefit the public with enhanced safety and efficiency and benefit the local economy with employment and the reduction of wasted time.”

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