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Illinois High Court Tosses Out State’s Pension Fix

Posted on May 18, 2015

National Public Radio

This article reviews the Illinois Supreme Court’s ruling against changes to pension benefits for State retirees and discusses a separate proposal for $2.2 billion in pension savings included in Governor Rauner’s FY2016 proposed budget. It cites the recent FY2016 Recommended Budget Analysis released by the Institute for Illinois’ Fiscal Sustainability at the Civic Federation, which found the proposed budget relies heavily on unrealistic savings.