Dan Montgomery http://wuis.org en How They Finally Passed A Pension Overhaul http://wuis.org/post/how-they-finally-passed-pension-overhaul <p><span style="line-height: 1.5;">The Illinois General Assembly approved </span><a href="http://ilga.gov/legislation/BillStatus.asp?GAID=12&amp;GA=98&amp;DocNum=1&amp;DocTypeID=SB&amp;SessionID=85&amp;LegID=68366&amp;SpecSess=&amp;Session=" style="line-height: 1.5;">sweeping cuts</a><span style="line-height: 1.5;"> to state employee pensions Tuesday. The move comes after years of stalemate over how to address a hundred-billion dollar liability — the worst-funded pension plans of any state.</span></p> Wed, 04 Dec 2013 07:16:27 +0000 Brian Mackey 14275 at http://wuis.org How They Finally Passed A Pension Overhaul Unions Make Last Pitch To Derail Pension Measure http://wuis.org/post/unions-make-last-pitch-derail-pension-measure <p>Illinois unions are working to squelch a plan aimed at<br />solving the state's $100 billion pension problem hours before an expected vote.<br />&nbsp;<br />Members of the ``We Are One Coalition'' representing major state unions told a<br />bipartisan legislative panel Tuesday morning that the $160 billion savings plan<br />is unfair to retirees.<br />&nbsp;<br />Dan Montgomery of the Illinois Federation of Teachers says there is ``no<br />victory in a public policy that will not work.'' He says adjustments to cost of Tue, 03 Dec 2013 15:43:01 +0000 Associated Press 14219 at http://wuis.org Unions Make Last Pitch To Derail Pension Measure Labor's Pension Deal: Best Bet Or Too Good To Be True? http://wuis.org/post/labors-pension-deal-best-bet-or-too-good-be-true <p>The Illinois Senate is expected to vote Thursday on the latest proposal to fix the state's drastically underfunded pension systems. I<span style="line-height: 1.5;">n what's become a multi-year pension debate,&nbsp;many aspects of the plan have been put forth before. But it has one element that makes it unique.</span></p> Thu, 09 May 2013 12:00:00 +0000 Brian Mackey 2379 at http://wuis.org