The Illinois General Assembly passed a controversial pension reform bill Tuesday, and labor is now prepping for a legal fight.
The House voted in favor of the bill 62-53 and the Senate barely passed the measure with a 30-24 vote. The bill needed 30 votes to pass through the Senate.
State Sen. Linda Holmes (D-Aurora), who was the lone member of the ten-person, bipartisan conference that didn't vote for the bill to move out of committee said the state's pension debt is the fault of the state legislature — not public employees and retirees. She also pushed back against House Speaker Michael Madigan's (D-Chicago) assertion earlier today that the pension system was "too rich" for what the state to afford.
“I believe this was actually more caused by the fact that we as a state did not make our pension payments as we should have even though the employees worked and their full payments were made,” Holmes said. “So I think a lot of this problem stems from the fact that we actually didn’t do what we were obligated and should have done.”
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