Cook County Employees

Illinois Pensions: Madigan, Cullerton Win Swift, Bi-Partisan Approval of Public Pension Reform Plan to Save Illinois $100 Billion

(Springfield, IL) — March 24, 2010. In less than 12 hours, House Speaker Michael Madigan (D-Chicago) and Senate President John Cullerton (D-Chicago) today bulldozed a massive Illinois pension reform bill–which creates a two-tier public employee retirement system–through the Illinois legislature. That’s legislative light-speed. In the unexpected move, Madigan rolled out the legislation, Senate Bill 1946, … Continue reading »