At around 2:30 on Wednesday, attorneys representing current and retired public employees will present oral arguments intended to convince the Illinois Supreme Court to uphold a lower court decision declaring that the pension cutting law known as Senate Bill 1 (SB1) is unconstitutional and void.
Attorneys for the plaintiffs are expected to argue that the state constitution’s pension protection clause means what it says; that membership in the state pension systems constitutes “…an enforceable contractual relationship, the benefits of which shall not be diminished or impaired.”
SB 1 slashes cost-of-living adjustments, reducing the value of pension benefits by one-third or more after twenty years in retirement. It also hikes retirement ages by up to five years and makes other unfair, unconstitutional cuts to the pensions of working and retired members of the Teachers’ Retirement System, State Employees’ Retirement System, and State Universities Retirement System.
Legal briefs and filings in the case also are posted on the Court’s web site.
More coverage: Daily Herald