It's sure to be a major battle. This video from the Illinois Policy Institute outlines the prominent aspects of House Bill 149, a bill to bring reform to the pension system of public employees in Illinois.
The major questions over the bill that are tackled here are:
What will current employees keep?
How will the bill affect the public sector employee retirement age, currently 55, as opposed to private sector retirement age, currently 65?
What is the State Constitutional protection of pension benefits?
Wednesday, May 11, 2011
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