Monday, 06 May 2013 14:18
Illinois Senate to consider options to solve pension crisis
SPRINGFIELD, Ill. (AP) - State senators are expected to consider two possible paths toward addressing the nation's worst pension crisis.
One option is legislation approved in the Illinois House last week. That bill is sponsored by House Speaker Michael Madigan. It would require public employees to pay 2 percent more toward their retirement benefits. It would also reduce annual cost-of-living increases for retirees and raise the retirement age for workers under 45.
Labor unions also are expected to pitch a plan. The details of that proposal have not been disclosed. But a spokeswoman for Senate President John Cullerton says it would offer employees a choice between health insurance or cost-of-living increases.
Lawmakers are expected to discuss the two options in a closed-door meeting on Monday before convening on the Senate floor.
Published in
Local News
Latest News
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
IL Senate overrides `Smart Grid' veto
SPRINGFIELD, Ill. (AP) - The Illinois Senate has again approved a plan to address so-called Smart Grid technology over the objection of Gov. Pat Quinn. Senators voted 44-11 ...
Dozens homeless after St. Charles apartments flood
Dozens of St. Charles residents are homeless after their apartments flooded during Monday night's heavy rainfall. Residents at the Riverview Lane Apartments spent Tuesday ...
Stan Musial's house for sale
For the right price, you can live like a Cardinal great. The home of Stan "The Man" Musial is on the market. The family of Stan decided it is time to sell his mid-century Ladue ho...
IL lawmaker removes name from gambling expansion bill
SPRINGFIELD, Ill. (AP) - The longtime promoter of expanding Illinois gambling has taken his name from a bill over "perceived conflict of interest" with his law firm. In a stateme...
Man convicted for molesting child
A north county man is headed to jail after a jury convicted him of molesting a child. Richard Williams was found guilty of five charges in all. Williams molested the child, who wa...
Former Rep. Todd Akin to speak in North County this wee…
Controversial politician Todd Akin is in North County to speak at a Republican club's monthly meeting. He will be speak at Yacovelli's Thursday night at 7:30. The event is open to...
Few details after fatal overnight shooting
Still very little information after a man was shot and killed in north St. Louis this morning. Police say they found 20-year-old Jermaine Johnson on the street near the city's bor...
Gov. Quinn throws support behind fracking expansion
SPRINGFIELD, Ill. (AP) - Gov. Pat Quinn says he hopes a bill that would kick-start high-volume oil and gas drilling passes "swiftly" through the Illinois House and Senate after a H...
