Illinois pensions

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.

State of Illinois

Legislators passed a law overhauling the state's retirement systems. Soaring pension debt remains a concern. The law's constitutionality is also in question. It reduces workers' and retirees' benefits, and raises the retirement age.


The State Universities Annuitants Association, which lobbies to protect the pension benefits of higher education employees, and the Illinois Attorney General have reached a tentative agreement to push the start of pension reform for community college and university workers back until July 2015.  The agreement must still be approved by a Sangamon County judge.

In a release, SUAA Executive Director Linda Brookhart says the deal addresses a critical issue:

This month, Illinois lawmakers took a major step in repairing the state's finances by approving a pension overhaul. The plan has its critics, including unions who promise to file a lawsuit. The courts will decide whether the pending changes violate the state's constitution. 


Illinois' largest state government retirement system is moving ahead with implementation of the pension overhaul. The move comes even as unions are preparing a lawsuit.

Teachers Retirement System spokesman Dave Urbanek says the agency is preparing to implement the law when it goes into effect next year on June 1st.

TRS has been getting a lot of questions from concerned teachers, but there are no easy answers. Urbanek says every retiree will be treated differently depending on their pension amount and years of service.