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Judge to Hear Arguments Over Illinois Pension Reform Law
Reuters Link to more items from this source
Nov. 20, 2014

"Lawyers for the state will try to convince a judge in state capital Springfield that the law is crucial to save the state's sinking finances. Attorneys for public labor unions and others will argue the law is invalid because it trounces on state constitutional protections for public worker retirement benefits. Illinois has the worst-funded state retirement system and its huge unfunded pension liability has helped pound its credit ratings to the lowest level among states."

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