Peoria Public Radio Staff
Tue July 22, 2014
Republican Paul Schimpf criticizes state pension overhaul
A clause in the state's constitution says that once earned, pension benefits shall not be diminished.The pension law, passed last year, law reduces cost of living benefits paid out to state employees and public school teachers. That, and other changes, haven't actually taken effect yet. A lawsuit challenging the law is ongoing.
Republican Paul Schimpf says his opponent, Madigan, is too entrenched in Democratic politics to enforce the constitution in the pension case. She's the daughter of House Speaker Michael Madigan, who sponsored the pension overhaul.
"Lisa Madigan, my opponent does have a conflict of interest and it's not because she's a good or a bad person, it's just because human nature, you're going to be loyal to your family."
Attorney General Madigan's office argues the state has a right to alter pension agreements under contract law because Illinois' fiscal condition is so dire.