Illinois pensions

Amanda Vinicky / WUIS/IPR

Illinois lawmakers approved a pension overhaul Tuesday. The Senate passed the plan 30 - 24, and the House approved it on a 62 - 53 vote. Governor Pat Quinn has indicated he will sign this bill, which is intended to save $160-billion over the next three decades. 

Details Released On Pension Proposal

Dec 2, 2013
Amanda Vinicky

Earlier this week, legislative leaders announced a deal to bring a pension overhaul before the full chambers. It is estimated to save $160 billion over the next 30 years.  Illinois has the nation's most underfunded retirement systems.

On Friday, the leaders' staff sent around the memo below that highlights changes for public employee pensions.  Lawmakers are expected in Springfield to vote on legislation Tuesday, December 3.  Employee unions have already indicated opposition and if it passes, a legal challenge is likely.

PENSION REFORM PROPOSAL

NIU Workers Talk Pensions With Lawmakers

Nov 21, 2013
NIU

Employee councils from NIU co-hosted a forum Wednesday, which included several area state lawmakers. The event was viewed as an opportunity for NIU faculty to offer their thoughts as the General Assembly continues to explore how to fix Illinois' troubled pension system.

Illinois Governor Pat Quinn is seeking a direct appeal to the state's high court, as he tries to withhold legislators' pay.

Quinn vetoed legislators' salaries because he says they don't deserve it until they've passed a pension overhaul.

But a lower court ruled that's unconstitutional.

In a brief that asks the Illinois Supreme Court to hear the case, the Quinn administration argues that it is too early for the judiciary to intervene with his veto because the General Assembly never took a vote attempting to override him.

A Cook County Judge ruled today that Illinois lawmakers will continue to receive paychecks while Governor Pat Quinn appeals a related ruling. 

Pension Committee Update

Sep 27, 2013
Brian Mackey / IPR

A special committee has been negotiating over how to solve the pension problem for more than 12 weeks. 

State Rep. Elaine Nekritz, D-Northbrook, is careful these days when she talks about the status of pension deliberations, and especially when asked how close legislators are to reaching a deal.

"I have actually stopped making predictions publicly, because I have been so wrong, that I'm a little bit embarrassed at this point," she says.

Victor Yehling / WNIJ

Illinoisans continue to struggle along in the state with the “worst in the nation“ public pension system.    Now, the cries for reform are louder than ever as the deficit continues to snowball.

Quinn Takes Action To Suspend Pay For Lawmakers

Jul 10, 2013

Governor Pat Quinn is using his veto power to try to suspend state lawmakers' pay because of their inaction on Illinois' pension crisis. 

Illinois.gov

The committee in charge of finding a pension solution for Illinois is scheduled to meet again Monday. The 10-member committee formed last month out of a special session on pensions. But will the threat of another deadline force them strike a deal?

thisismyillinois.com

Governor Pat Quinn had harsh words for the pension conference committee that met in Chicago this week. Lawmakers are trying to come to an agreement on how to fix Illinois' pension problems.

The conference committee, which was formed last week, was Quinn's idea. But he says he thought they'd get to work right away.

"They don't wait eight days to get together. I think it was a little disappointing that the members of this conference committee took their own sweet time at even coming together," said Quinn.

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