retirement benefits

Government
4:43 pm
Mon June 9, 2014

Governor reduces retirement benefits for Chicago employees

Illinois Governor Pat Quinn has signed a bill that reduces the retirement benefits of some City of Chicago employees. But the governor’s signature comes with some advice for Chicago’s mayor. IPR's  Tony Arnold explains.

Quinn signed the controversial pension bill in private.  But he released a statement saying he was quote - “dismayed by the ill-advised attempt” to have lawmakers impose a tax increase on Chicago residents.

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State News
7:01 am
Mon June 9, 2014

Gov. to act on legislation cutting retirement benefits for Chicago employees

Illinois Governor Pat Quinn is expected to take action Monday on a bill that cuts the retirement benefits of thousands of City of Chicago employees, and could lead to higher property taxes.

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State News
6:43 am
Fri May 16, 2014

Attorneys for Illinois officials defend pension law

Attorneys for Illinois officials are defending controversial legislation cutting the retirement benefits of state employees. Unions representing those workers sued. They’re saying the pension changes are unconstitutional.

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