No surprise that Illinois’ Tier 2 pension law being challenged in court given how it was passed – Wirepoints Quickpoint
The law was bulldozed through in 2010 by House Speaker Michael Madigan and Senate President John Cullerton in less than 12 hours with no analysis, debate or actuarial assessment.
Question: how long will the IL pols and union members allow IL to continue losing population due to overburdening residents with high taxes and user fees? (See answer below.)
Answer: They’ll do it as long as they can get away with it or as long as they benefit from lavish salaries, pensions, and/or health care benefits.