Red Eye Radio Red Eye Radio
12:00am - 4:00am
Red Eye Radio

Contact Me

My Blog

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Custom Search
October 21, 2014, 12:23 am
970 WMAY News

Cullerton: Latest Pension Proposal ''Less Unconstitutional'' Than Previous Options

The president of the Illinois Senate says he supports a pension reform plan that would reduce cost-of-living increases for retirees… but could also lead to higher COLAs in the future if inflation goes up. 


John Cullerton tells the State Journal-Register editorial board that the flexible cost-of-living hikes… and a provision that reduces the amount that employees pay toward their own pension… makes the plan, quote, “less unconstitutional” than other options and could help it survive a court challenge. 


But roadblocks remain… a bipartisan pension committee hasn’t signed off on the plan yet, and Cullerton expects public sector unions will probably oppose it.

News Video

On Air Video

Facebook Fans

LinkedUpRadio Envisionwise Web Services