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Pension Law Decision Expected In December, Or Later

Fri, 27 Jun 2014 04:37:03 CDT
By: IPR

It's going to be another five months -- at least -- until a judge decides whether Illinois' pension overhaul is legal. State employees and their unions are suing Governor Pat Quinn over the pension law. It lowers the benefits given to retirees, and requires current state employees to contribute more to their pension funds. Attorneys for both sides met yesterday in Sangamon County Court, and agreed on a timeline for the case. According to that timeline, the earliest a decision would be handed down would be December. The state has argued the law is necessary, because continuing to fund pensions at the old rate would cause a budget crisis. But John Myers, an attorney representing retired state workers, says that argument won't hold up:

   
"We have a winning case and we think it's a waste of time. I mean, I don't care if the state is bankrupt, doesn't matter."

Though the pension law was to have begun taking effect, it has been put on hold until the Sangaon County judge has made a ruling. No matter the eventual outcome ... the case is expected to eventually go before the state Supreme Court.

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