Illinois lawmakers want vetting of governor's pension proposal

April 14, 2015 6:04 PM

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CHICAGO, April 14 (Reuters) - Illinois Republican Governor Bruce Rauner's proposal to reduce the state's public pensions should be thoroughly analyzed to determine its compliance with U.S. regulations and impact on workers and taxpayers, two Democratic state lawmakers said on Tuesday.

State Representative Elaine Nekritz and State Senator Daniel Biss, the Democrat-controlled legislature's point persons on pension issues, offered a resolution calling on two state retirement systems to undertake an actuarial analysis of Rauner's proposal, as well as seek a determination of whether t...

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