Thursday, 28 February 2013 11:51
Illinois House to vote Thursday on pension changes
SPRINGFIELD, Ill. (AP) - A wide open debate on possible fixes for the state's pension mess is set for the Illinois House.
House Speaker Michael Madigan has scheduled a hearing for Thursday. Lawmakers are expected to vote on pension changes he is proposing.
A provision among the changes calls for penalizing retirement before age 67 with reduced benefits.
Another measure requires employees hired after January 2011 to pay an additional 5 percent toward their pensions on top of other contributions.
Riverside Democratic state Rep. Michael Zalewski says the expected votes are intended to gauge lawmakers' support for some potential reforms.
Zalewski says there's been enough talk about the changes and now is the time for legislators to actually show where they stand.
House Speaker Michael Madigan has scheduled a hearing for Thursday. Lawmakers are expected to vote on pension changes he is proposing.
A provision among the changes calls for penalizing retirement before age 67 with reduced benefits.
Another measure requires employees hired after January 2011 to pay an additional 5 percent toward their pensions on top of other contributions.
Riverside Democratic state Rep. Michael Zalewski says the expected votes are intended to gauge lawmakers' support for some potential reforms.
Zalewski says there's been enough talk about the changes and now is the time for legislators to actually show where they stand.
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