Pension legislation focusing on ‘loopholes’

Interior of the Illinois State Capitol Building in SpringfieldA number of bills were introduced within the last two weeks related to pension reform, primarily in response to recent stories by the Chicago Tribune and Fox News.

These bills are intended to close “loopholes” that have allowed the type of lucrative pension benefits that have been highlighted by the media.

With the fall veto session under way in Springfield, the main pension bill (SB 512) remains on the sidelines for now.

For a complete listing of the latest pension bills, click on the Pending Legislation link at yourpension.niu.edu.

Print Friendly, PDF & Email