Clout Street
12:43 p.m. CST, January 28, 2014
A coalition of the state's major public employee and teacher unions filed a lawsuit in Springfield today alleging Illinois' new pension law is unconstitutional and amounts to "theft."
The lawsuit by the We Are One Illinois coalition comes nearly two months after lawmakers and Democratic Gov. Pat Quinn approved a measure to scale back retiree cost-of-living increases and increase retirement ages for current workers. The bill is aimed at eliminating the state's $100 billion government worker pension debt over 30 years.
The lawsuit by the We Are One Illinois coalition comes nearly two months after lawmakers and Democratic Gov. Pat Quinn approved a measure to scale back retiree cost-of-living increases and increase retirement ages for current workers. The bill is aimed at eliminating the state's $100 billion government worker pension debt over 30 years.
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