Unions vow to challenge new Illinois pension law

Unions vow to challenge new Illinois pension law

Published 2:09 pm, Thursday, December 5, 2013

CHICAGO (AP) — A coalition of unions opposed to Illinois’ newly-signed pension overhaul has directed attorneys to prepare a court challenge.

The We Are One Illinois coalition said in a statement that attorneys were directed Thursday to prepare a lawsuit challenging the new law’s constitutionality. The statement came the same day that Gov. Pat Quinn signed the bill into law at a private event in Chicago.

The legislation emerged after months of negotiation over ways to address Illinois’ $100 billion pension problem.

It calls for raising the retirement age for some, among other things. The new law is estimated to save roughly $160 billion over three decades.

However, legal challenges are expected. The coalition says it’s an unfair law.

____

The bill is SB1

Online: www.ilga.gov

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