Lawmakers call for analysis of Rauner pension plan

SPRINGFIELD (AP) — Two Illinois lawmakers instrumental in crafting pension overhaul legislation in 2013 are calling for an analysis of Gov. Bruce Rauner’s proposal to reform the state’s underfunded pension system.
Democrats Rep. Elaine Nekritz and Sen. Daniel Biss say they plan to file a resolution asking to put the Republican governor’s plan under “rigorous scrutiny.”
Rauner has suggested moving workers to a less-generous pension plan than lawmakers approved in 2010 for new hires. Workers hired before 2011 could choose to move to a 401(k)-style plan.He says the plan could save more than $2 million a year, but the lawmakers say the plan presents “real questions.”
Lawmakers passed a pension overhaul in 2013, but labor unions and retirees sued, arguing it was unconstitutional. The Illinois Supreme Court is considering the case.