The overhaul, approved by the General Assembly this week after years of delay and inaction, cuts benefits for most employees and retirees.
After years of inaction, Illinois lawmakers have approved a historic plan to finally close the gap on the state’s $100 billion public pension shortfall, which is considered the nation’s worst.
State officials say a “suspicious letter” that caused an evacuation at Gov. Pat Quinn’s constituent services office in Springfield contained baby powder.
The House voted 62-53 in favor of the plan, sending it to Gov. Pat Quinn, who has said he will sign it. The Senate approved the measure 30-24 just minutes earlier.
After more than five months of work, Illinois’ legislative leaders announced Wednesday they’ve reached a deal to help solve the state’s $100 billion pension problem, considered the nation’s worst.
Illinois House lawmakers are expected to gather in Springfield next week to approve a possible solution to the state’s roughly $100 billion pension crisis.
Land of Lincoln is in minority as a state with a Democratic governor, but no health insurance marketplace.
The Thomas More Society believes the uncertainty will result in hundreds, or even thousands, of lawsuits.
Sunday’s storms spawned tornadoes that pummeled the state, killing at least six people and destroying hundreds of homes and businesses.
The Chicago Democrat is set to visit five communities in central and southern Illinois on Monday to see damage up close.