Updates

Treasurer candidate says back to drawing board on Illinois pension reform

From the Chicago Tribune

Democratic state treasurer candidate Mike Frerichs says he thinks lawmakers should “go back to the drawing board” and start over on changes to public employee pension benefits following a recent Illinois Supreme Court ruling.

Frerichs, a state senator from Champaign, said the court’s 6-1 ruling this month saying state-subsidized health care benefits were guaranteed under the pension protection clause of the Illinois Constitution made it highly likely that justices would find unconstitutional a law approved by lawmakers and signed by Democratic Gov. Pat Quinn in December.

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