Serving Illinois State Employees Since 1923

Friday, April 20, 2012

Pension Change Announcements to be made today

Governor Quinn will be making his proposed changes to the State Retirement Systems public today. We are not certain how specific he will be in what he announces today. However, there is a working group of Legislators and Unions that have been meeting with each other and the Governor's office and NO AGREEMENT HAS BEEN MADE. We do not understand why he is making this announcement today because the Committee that he assigned to meet with the Unions has not reached an agreement with the Unions. Do not be alarmed at this point.
REMEMBER- THE STATE CONSTITUTION DOES NOT ALLOW FOR LESSENING THE BENEFITS. ANY CHANGES MADE MUST BE CONSITUTIONAL.
NO PENSION CHANGES MAY BE MADE WITHOUT THE APPROVAL OF THE GENERAL ASSEMBLY!
THE PROBLEM WITH THE PENSION SYSTEM HAS BEEN CAUSED BY THE STATE'S FAILURE TO MAKE PAYMENTS IN ACCORDANCE WITH STATE LAW!
ANY CHANGES MADE TO THE PENSION SYSTEM THAT ARE NOT DEEMED CONSTITUTIONAL WILL BE CHALLENGED BY THIS UNION AS WELL AS THE OTHER UNIONS.
The purpose of this email to keep everyone informed. We are constantly working behind the scenes and on the front lines to protect your rights.
 

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