Oral Arguments Scheduled In Pension Lawsuit
(AP Photo/Seth Perlman)
The Illinois Supreme Court has announced it will hear oral arguments in the state's landmark pension-overhaul case on March 11.
Arguments will begin at 2:30 p.m. in the high court chamber in downtown Springfield.
The Illinois General Assembly and former Gov. Pat Quinn adopted a plan in late 2013 designed to cut into the $111 billion deficit in four state pension programs built by years of underfunding.
Several beneficiaries - state workers, retired teachers, and others - filed a lawsuit and a Sangamon County circuit judge found the law unconstitutional last fall.
The judge ruled that the law violated a provision prohibiting reducing or impairing pension allowances. The law slightly reduced retirement-fund contributions but also decreased benefits.
Links
- Reaction To Rauner Budget Sets Stage For Negotations
- Rauner Calls For Billions In Cuts, UI Says ‘Everything’ Is On The Table
- Forget Pensions And Salaries: Medicaid Biggest Piece Of Rauner’s Budget Pie
- Judge Rejects Request For More Time In Illinois Pension Case
- Lawyers Ask Judge to Delay Pension Law Hearing
- Illinois Supreme Court Fast-Tracks Pension Dispute
- Judge Rules Illinois’ Pension Law Unconstitutional
- Judge Hears Arguments For, Against IL Pension Law
- Quinn: No Pension ‘Plan B’ Before Court Ruling
- Moody’s: Ill. Pension Debt Versus Revenue Is Worst
- Illinois Pension Case Might Head To Supreme Court
- Ruling On Pension Suit Could Take Five Months Or More
- Hold Placed On Illinois Pension Law
- Deal Reached On University Pensions
- SURS Changing Interpretation Of Pension ‘Money Purchase’ Provision
- Pension Law Could Mean Mass Retirements At State Universities
- Illinois Unions Sue Over Plan To Cut Pensions