IL governor signs pension reform bill, unions ready lawsuit
Friday, December 6, 2013
Illinois Governor Pat Quinn signed into law on Thursday landmark reforms to the state's woefully underfunded public pension system, prompting unions to begin preparing court action to challenge the law.
The governor's signature, in a private ceremony, came just two days after the measure was approved by lawmakers. Public labor unions immediately announced that they have directed their attorneys to prepare to file a lawsuit aimed at derailing the law, which takes effect in June.