"A coalition of public worker labor unions filed a
lawsuit on Tuesday seeking to overturn a new Illinois law aimed at reducing a
$100 billion unfunded pension liability.
The
class-action lawsuit, filed by the We Are One Illinois coalition in Sangamon
County Circuit Court in the state capital of Springfield, claims the law
violates the Illinois Constitution, which stipulates that public worker
pensions are contracts that the state cannot diminish or impair." READ
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Title: UPDATE 1 - Union group sues to overturn Illinois pension reform law"
Author: N/A
Source: Reuters
Date Published: January 28, 2014
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