How proposed pension deal could affect retirees

This is a few days old but very good information. Remember to thank the legislators who made this happen.

How proposed pension deal could affect retirees
www.sj-r.com

Public employees could see significant reductions in long-term retirement income under the pension reform plan approved Tuesday as a way to solve Illinois’ worst-in-the-nation pension crisis. One of the biggest cuts would come from a change in annual cost-of-living adjustments. The proposal would ch…