Illinois
Illinois Tier 2 pension promise needs to be fixed
Illinois' Tier 2 benefits are not growing as fast as Social Security checks, and this violates a safe-harbor provision in federal law.
In the debate over how to fix Illinois’ worst-in-the-nation pension problem, the people who argue that retirement pay and benefits need to be protected at all costs have always held the high ground.
The law is on their side: Pensions are a contract, ... [5250 chars]