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Illinois Teachers Sue in Effort to Block Pension Reform Law
Reuters Link to more items from this source
Dec. 30, 2013
"The lawsuit ... claims that changes to current and retired teacher pensions passed by the Illinois General Assembly and signed into law by Governor Pat Quinn ... violate protections for public sector worker retirement benefits in the Illinois Constitution.... The reforms, which take effect in June, are expected to save the state $160 billion over 30 years, while immediately reducing the unfunded pension liability by 20 percent."

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