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September 15, 2014, 4:29 am
970 WMAY News

Pension Law Typo Could Push Hundreds Into Retirement


University of Illinois officials are urging state lawmakers to correct a mistake in last year’s pension reform bill that threatens to slash benefits for hundreds of university employees around the state unless they retire by June 30th

 

Officials say if the mistake isn’t corrected, they could lose lots of talented employees who will retire right away in order to avoid a reduction in monthly pension payments. 

 

But some lawmakers worry that re-opening the pension bill could start a tidal wave of requests for changes.

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