What's in and out for IL state workers' pension plans - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

What's in and out for IL state workers' pension plans

The announcement made on Wednesday that Illinois' leading legislators had reached a deal on the state's $100 billion, under funded pension plan received mixed reviews from state workers and their unions. The announcement made on Wednesday that Illinois' leading legislators had reached a deal on the state's $100 billion, under funded pension plan received mixed reviews from state workers and their unions.
But, some state workers who are nearing retirement question what's in the new deal for them. But, some state workers who are nearing retirement question what's in the new deal for them.
At this time there isn't very many details being released about the new pension reform plan reached by the four legislators behind closed doors. At this time there isn't very many details being released about the new pension reform plan reached by the four legislators behind closed doors.
ILLINOIS (KFVS) -

The announcement made on Wednesday that Illinois' leading legislators had reached a deal on the state's $100 billion, under funded pension plan received mixed reviews from state workers and their unions.

Illinois' Governor Pat Quinn stated that he was pleased with Senate President John Cullerton, House Speaker Mike Madigan, Senate Minority Leader Christine Radagno and House Minority Leader Jim Durkin for all their hard work on reaching an agreement.

But, some state workers who are nearing retirement question what's in the new deal for them.

"Well that's interesting, I'd like to know what's in the deal and how it's affecting us." said Crab Orchard CUSD #3 Principal William McSparin."I'm retiring in June. And it definitely  would be nice to know what the deal is that we're going to live by."

At this time there isn't very many details being released about the new pension reform plan reached by the four legislators behind closed doors.

"So the voices of the people who are affected were shut out of that room," said AFSCME 31 Executive Director Henry Bayer. "And essentially four individuals sat in a room and cut a deal to cut the pensions of retired teachers, retired state police, retired state university and other state employees."

Bayer said that if the new deal is just a mirror of SB1, which they disagreed on over the Summer months, then the union members will be calling on their state legislators to vote against the new plan.

"Basically what it is going to come down to is legislators are going to have to make a decision. Who do they represent," Bayer said. "Do they represent teachers, state police and nurses along with other state employees in their districts? Or do they just want to do the bidding of their legislative leaders?"

The Senate President and House Speaker say they will call legislators back to Springfield on December 3, for a vote on the measure.

"If they're going to reach a deal, I think it would be nice of the public or even the unions  be a part of things," said Crab Orchard CUSD #3 Superintendent Derek Hutchins. "I think any time a deal is made that is going to affect the lives of so many people, that those people should be a part of anything that is done."

Copyright 2013 KFVS. All rights reserved.

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