Another reason to be ticked off and ready to take action…
Interesting ruling in New Jersey (not Illinois)….their appellate court rules that NJ is not required to pay millions owed to pension fund, teachers unions sought a constitutional amendment. Our state constitution guarantees our pension and as employees, we may our payments with each paycheck…even though constitutionally mandated, our legislators didn’t make their contribution….
How do you think an Illinois appellate court would rule?
Teachers lose pension ruling; Appellate panel says state can skip millions in payments
By LISA FLEISHER, STATE HOUSE BUREAU, North Jersey Media Group
In a ruling against the state’s largest teachers union, a three-member appellate court panel Thursday said New Jersey is not constitutionally required to pay the millions it owes every year into the fund for teachers’ pensions.
The decision came amid a fight in Trenton over how to fix the state’s underfunded pension plan, including a proposal that could make full funding a constitutional requirement.
