*** LEGISLATIVE UPDATE ***

As October Veto Session dates rapidly approach a pension conference committee bill looks more and more likely. Based on the details that have been leaked out of the committee a major component of the bill will likely e cutting COLAs. Here is the latest We Are One coalition analysis of the expected benefit cuts –

We Are One Illinois Analysis on the Impact of a “Diet” COLA > PBPA
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We Are One Illinois Analysis on the Impact of a “Diet” COLA Why a COLA Cut to Half-CPI Puts Retirement Security at Risk Updated: October…