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Sherman A1

(38,958 posts)
Wed Jul 9, 2014, 05:27 AM Jul 2014

Judge puts ‘theft’ of Illinois pensions on hold

Judge says lawsuits challenging the law must be decided

By CARL GREEN

Illinois Correspondent

Springfield IL – Illinois’ ever-contentious public employees pension issue now sits in a Sangamon County courtroom in the form of five lawsuits challenging the law passed late last year that would reduce future cost-of-living increases for the retirees.

The law was to go into effect June 1, but Sangamon County Judge John Belz put it on a shelf in May until its legal status can be determined. That could take until next year.

Illinois AFL-CIO President Michael Carrigan issued a statement on behalf of the We Are One Coalition, which opposes the law: “This is an important first step in our efforts to overturn this unfair, unconstitutional law and to protect retirement security for working and retired Illinois families.

http://labortribune.com/theft-of-illinois-pensions-put-on-hold/

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