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April 17, 2014, 5:03 am

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Union Leaders Push for Cullerton's Pension Reform Plan


Illinois union leaders are urging lawmakers to support a pension reform plan they recently agreed on with the state Senate President John Cullerton.

 

A coalition of unions announced yesterday it reach an agreement with Cullerton on a possible solution to the state's $97 billion pension crisis.

 

The bill gives workers and retirees multiple choices on aspects of their retirement contributions and benefits… and supporters say providing those choices will help the bill survive a constitutional challenge.

 

House Speaker Mike Madigan has pushed a different plan which would save the state more money… but Cullerton says Madigan’s plan could be thrown out as unconstitutional, and then it wouldn’t save anything at all.

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