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State Worker Pensions
by IL Teacher
May 24, 2011
The much-anticipated legislation that will cut pension benefits for public employees, including participants in the TRS and SURS systems, has been delayed once again.

Senate Bill 512 is the vehicle bill that is expected to contain proposals to reduce pension benefits for public employees covered by the five state-funded retirement systems.

Before the bill can be voted on in the Illinois House, it must be amended, with the pension language inserted, and then must be approved by the House Personnel and Pensions Committee.

Under the House rules, the committee vote can’t occur until 24 hours have passed since a bill was amended. Since SB 512 was not amended today, the bill cannot come before the Committee until at least Thursday, and then, only if it is amended on Wednesday.

The unveiling of the pension bill has been considered imminent for several weeks. The repeated delays in the amending of the bill speak volumes about the lack of enthusiasm many Ho...See More
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