retirement benefits

The son of late Illinois Comptroller Judy Baar Topinka is suing for more than $60,000 in contributions she made to the state retirement system.  Joe Topinka filed the lawsuit last week in Sangamon County Circuit Court. 

Gov. Bruce Rauner's administration says a pending move by Illinois' largest public-pension fund could increase the state's required payment by hundreds of millions of dollars.  It says that would have a "devastating impact" on education and social services. 

House Speaker Michael Madigan says he's open to considering a new pension overhaul and is "anxious" to see legislation.

Illinois Senate President John Cullerton says he wants Gov. Bruce Rauner to put in writing the details of a proposed pension overhaul their attorneys have been discussing for weeks. 

Republican Gov. Bruce Rauner says he backs a top Democrat's proposed pension overhaul as long as it includes a union-weakening provision on collective bargaining. 

The Illinois Supreme Court is taking on another pension case six months after justices unanimously tossed out the state's landmark pension law.  Today they heard arguments as to whether a law affecting thousands of City of Chicago employees is constitutional or not.

Attorneys for the City of Chicago say city employees will be worse off if Supreme Court justices strike down their pension plan.  A Cook County judge sided with unions in ruling against changes Mayor Rahm Emanuel wants to make to city employees’ retirement benefits.

Cook County Board President Toni Preckwinkle is pushing to restructure the retirement benefits of county employees.  But she needs Springfield’s help to do it, and that’s proving to be a challenge.

The Illinois Supreme Court has struck down legislation that tried to cut retirement benefits for thousands of state workers. 

Oral arguments have begun before the Illinois Supreme Court on whether a massive state-employee pension bailout invalidated last fall by a lower court will be revived.

The fate of Illinois' pension law will stay on the fast track. Illinois' Supreme Court justices Thursday denied a request for a delay. It can take a long time for a case to wind its way through the courts.

Illinois' pension law failed its first test today. However, that's not the end to questions about its constitutionality.

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.

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.

Attorneys for Illinois officials defend pension law

May 16, 2014

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.