Ill. Senate to vote on union-backed pension deal

2013-05-09T11:06:20Z 2013-05-10T11:14:03Z Ill. Senate to vote on union-backed pension dealThe Associated Press The Associated Press
May 09, 2013 11:06 am  • 

The Illinois Senate is expected to approve a union-supported pension reform bill. But the measure faces an uncertain future in the House, where lawmakers passed a competing proposal last week.

Senate President John Cullerton's legislation would give workers and retirees a choice in retirement benefits.

The Chicago Democrat negotiated the plan with the state's largest labor unions. He says it's the only approach to solving Illinois' nearly $100 billion pension crisis that will hold up in court.

But House Speaker Michael Madigan prefers his plan, which he says could save the state three times more money than Cullerton's proposal.

Public-employee unions have said they will file a lawsuit if Madigan's bill is enacted. They say it violates a clause in the state constitution that says pension benefits can't be reduced.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Times

Facebook

on Facebook

Twitter

on Twitter

Email

Get email updates from

Email Updates

RSS

Follow via RSS

RSS Feeds

Latest Local Offers

Lovings Heating & Cooling Inc
$15 OFF Repair Service

219-942-7247

Senior Discount on House Cleaning!

Overworked just keeping up with daily house maintenance?

Custom Designers Inc.
$200.00 off any interior OR exterior painting job over $2,000.00

When you trust your home or business painting needs to Custom …

Kensington Watch Services
At Any Time, Kensington Watch Services Is Your Watch Service Specialist Of Choice

Stop by Kensington Watch Services today at 146 North Main Stre…

Featured Businesses

National Video

Newsletter Sign-Up