Illinois pension law

Illinois House leaders of both parties have introduced legislation to change the state’s public pension systems. But some constitutional lawyers say it has little chance of getting through the Illinois Supreme Court.

Republican House Minority Leader Jim Durkin and Majority Leader Barbara Flynn Currie are pushing a plan to effectively lower pension benefits for public employees by giving them a choice: agree to lower raises in retirement, or have your pension based on your salary today, no matter how much more money you make in the future.

Pension Fight Won't End Regardless Of High Court Ruling

Mar 17, 2015

Union members and state employees can expect another pension battle ahead, regardless of what the Illinois Supreme Court says about the the current law meant to stem the tide on pension expenses.

Republican Governor Bruce Rauner says he'll push forward with his pension fix no matter how the seven justices rule on the 2013 legislation that was passed and signed into law before being put on hold by litigation.

Some of the main architects of the Illinois law that seeks to save the state money by reducing workers' pensions have begun collecting pensions of their own.

Illinois Supreme Court

The Illinois Supreme Court will hear oral arguments in the pension overhaul case next month. According to a news release, arguments will be held March 11th in the Supreme Court Courtroom in Springfield.

Illinois lawmakers approved cuts to state employee pensions in 2013.  The action followed years of stalemate over how to address underfunding. State workers called the plan unconstitutional.

Illinois labor unions have filed another lawsuit seeking to have the state's pension overhaul declared unconstitutional.

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