Wednesday, May 28, 2014

Pension Reform Law Blocked

Missed this, which happened on May 14, but Circuit Court Judge John Belz granted a temporary restraining order blocking implementation of PA 98-599, the pension reform law passed last December. Judge Belz halted the law until courts can rule on its constitutionality. This means that the current system stands and will continue to administer contributions and paying benefits as the law mandated prior to the passage of PA 98-599 until otherwise directed by the court.

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