Decision on crumbling pension system could come soon
Springfield – A solution on the
state's pension crisis could come soon.
A senate committee has advanced two
proposals to fix the pension problem. Both plans delay the cost of living
increases, pushes back the retirement age for some, and calls for more employee
However, in case they are deemed
unconstitutional there is a back up plan, including increased contributions,
and some reduced benefits. The motion now moves to the senate floor.
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