Madigan: Retirement Age Won't be Raised to 67

By: The Associated Press
By: The Associated Press

SPRINGFIELD, Ill. (AP) -- Illinois House Speaker Michael Madigan says it would be unconstitutional to force current state employees to work to age 67 before collecting full retirement benefits.

Madigan told The Associated Press Thursday that he will not raise the retirement age as part of package to cut pension costs. The Chicago Democrat says delaying retirement for current state workers would violate the Illinois Constitution.

Gov. Pat Quinn had proposed delaying retirement to 67 to help close an $83 billion gap in public pension programs.

Madigan also says he wants to phase in a requirement that public school districts share in the cost of teacher pensions

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  • by taxpayer Location: rockford on May 25, 2012 at 12:55 PM
    They want to keep their own retirement at 55 years old, but they want to cut Medicaid for the poor, the elderly and the disabled. omg, those people in Springfield are always thinking of what's best for themselves. They have no regard for the people who they are SUPPOSED TO REPRESENT.
  • by kevin Location: dixon on May 24, 2012 at 07:34 PM
    maybe the lawmakers will admit whos at fault for the pension problems,THEM!!! They stole money out of the funds years ago and never paid it back. The real thieves ARE in Springfield.
  • by taxpayer Location: Rockford on May 24, 2012 at 06:44 PM
    Mike Madigan has WAAAAY too much power. If he is in complete charge of everything, why do we even have senators and legislators??? Did he just take the power, or did someone give it to him? Whatever happened, it has totally gone to his head.
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