pension-reformIllinois Thieves Lawmakers pass the pension bill with a Senate vote of 30 – 24, (This is the minimum that was needed) then the House voted and the results were 62 – 53 (60 was needed to pass the bill).

One of the questions that some of our members were concerned about was the rule of 85 (would it remain? If so, how would it be changed?) This I believe is answered on page 99 of the bill.

Here is a copy of the Pension Bill

This is via AFSCME Council 31

The We Are One Illinois union coalition, of which AFSCME is a leading partner, issued this statement:

“This is no victory for Illinois, but a dark day for its citizens and public servants.

“Teachers, caregivers, police, and others stand to lose huge portions of their life savings because politicians chose to threaten their retirement security, rather than pass a much fairer, legal, negotiated solution in Senate Bill 2404.

“It’s bitterly ironic that, on the same day legislators used the state’s troubled finances to justify stealing the retirement savings of public servants, they approved millions of dollars in new tax giveaways for big corporations.

“A majority of legislators ignored and defied their oaths of office today—but Governor Pat Quinn doesn’t have to. He can stay true to his oath and the legal promise made to public employees and retirees by vetoing this unfair, unconstitutional bill. If he doesn’t, our union coalition will have no choice but to seek to uphold the Illinois Constitution and protect workers’ life savings through legal action.”

– See more at: http://www.afscme31.org/news/pension-slashing-bill-passes-senate-house#sthash.E6gTixvr.dpuf

We will fight this in court to determine if it’s constitutional.

More news to come.