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Monday, April 9, 2012

Illinois pension reform could hinge on one sentence in the state ...

While there are a host of options on the table, the central question being debated is whether lawmakers can cut benefits for current employees. There are two perspectives on that approach, and they center on different interpretations of a line buried in a document written 42 years ago. Article XIII — the General Provisions section of the state constitution — says membership in any government worker pension or retirement system “shall be an enforceable contractual relationship, the benefits of which shall not be diminished or impaired. More HERE

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