NewsViews: Illinois Pensions

September 30, 2012 (CHICAGO)

On Election Day, Illinois residents will vote on a proposed amendment to the state's constitution. It has to do with a matter that's been in the news a lot lately, public pensions.

The measure would "require a three-fifths majority vote of each chamber of the General Assembly or the governing body of a unit of local government, school district, or pension or retirement system, in order to increase a benefit under any public pension or retirement system."

Later this week, pamphlets will be mailed to voters explaining the proposed amendment.

Joining us to discuss the matter on this edition of NewsViews are Illinois State Senator Jeffrey Schoenberg, a chief co-sponsor of the measure, and Dan Montgomery, president of the Illinois Federation of Teachers.

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