Pension Reform May Make 2012 Ballot
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SPRINGFIELD, Ill. (WBBM) – A resolution that is supposed to save taxpayer money may be put into a constitutional amendment on the 2012 ballot, now that it has passed a committee in the Illinois House.
As WBBM Newsradio 780’s Brian Seay reports, Illinois lawmakers are one step closer to deciding if it should be harder for lawmakers to pass increased pension benefits for state employees.
LISTEN: Newsradio 780’s Brian Seay Reports
House Speaker Michael Madigan, who introduced the resolution, says legislators should have to meet a higher threshold when passing pension legislation.
“This is an extraordinary situation. This is not something that should be handled in the ordinary course,” Madigan said. “There ought to be a high bar to move these bills.”
Now, pension increases can pass with a simple majority in both houses. If the amendment is added, a simple majority will be needed to increase, add or expand pension benefits.
The resolution will now go to the floor of the House for a vote, and will then need Senate action.