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Pension Reform Legislation Ruled Unconstitutional; Illinois Supreme Court Appeal Expected

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December 2014

As discussed in a prior alert, the Circuit Court of Sangamon County ruled that the pension reform measures enacted in January 2014 violate the Illinois Constitution’s Pension Protection Clause. The legislation was designed to shore up the finances of four of the State’s underfunded pension systems. The decision sets the stage for an appeal to the Illinois Supreme Court.  

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