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April 17, 2014, 1:42 am

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House Approves Madigan's Pension Plan


The Illinois House has approved House Speaker Mike Madigan’s pension reform plan.

 

The bill calls for public sector workers to contribute more to their retirement, and reduces cost-of-living benefits.

 

Governor Pat Quinn says it’s the biggest step yet toward fixing the state’s pension and fiscal crisis.

 

But public sector unions continue to insist Madigan’s plan is unconstitutional and will be tossed out of court.

 

They are working with Senate President John Cullerton on an alternate plan, but the details have not yet been disclosed.

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