Chairman Kennedy blasts “insane” pension reform

Capitol Fax.com – Your Illinois News Radar » Chairman Kennedy blasts “insane” pension reform
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* The State University Retirement System is the only state pension system to interpret the new pension reform law as calculating an employee’s pension benefits using last year’s salary instead of this year’s. They’ve been asking for a legislative fix, but it hasn’t moved as of yet.

Chris Kennedy, who chairs the University of Illinois Board of Trustees, wants another fix…