News

State Retiree Group Files Another Pension Lawsuit

State Retiree Group Files Another Pension Lawsuit

Photo: Newsradio WTAX

As New Year’s follows Christmas, as May flowers follow April showers, so too do lawsuits from retiree groups following passage of Illinois’ pension restructuring law.

The fifth one comes from the State Universities Annuitants Association. Executive director Linda Brookhart says she believes the groups representing current and future retirees will have the upper hand.

“I think that there is a good possibility that at least most of the lawsuits will win; meaning, those that are represented will win,” she said. “Those that are new to the systems – we might have a little more difficulty winning for them.”

Brookhart says a state which does not honor its contracts will have a hard time attracting employees, including, in the case of the universities, top professors.

The plaintiffs contend the law’s unconstitutional because it’s a reduction of benefits.

Recent Headlines

1 day ago in Entertainment

OPENING WEEKEND: ‘Mother’s Day,’ Key & Peele comedy ‘Keanu’ hit theaters

22-overlay-9

Here's a look at some of the films set to open this weekend.

1 day ago in Entertainment

WHAT’S ON: New on Netflix, Amazon & Hulu this May

netflixAP

It's going to be a great weekend for some binge-watching.

1 day ago in Entertainment

Alicia Vikander to play Lara Croft in ‘Tomb Raider’ reboot

vikanderREUTERS

The Swedish Oscar winner follows in the footsteps of Angelina Jolie to play the famed adventurer.