At this time, there are no active legislative proposals that affect CCPF benefits.
Senate Bill 1 - State Retirement Systems - Ruled Unconstitutional
In late 2013 the Illinois General Assembly passed a pension reform bill impacting four state retirement systems that cover state employees, General Assembly members, downstate teachers, and state university employees. This legislation, known as Public Act 98-0599 or Senate Bill 1, has been challenged in court by several retiree and labor groups.
On May 14, 2014, a Sangamon County Circuit Court judge suspended implementation of the legislation until the lawsuits are resolved. The outcome of these lawsuits has not yet been determined. As a result, changes to the state retirement systems that were intended to take effect June 1, 2014, are currently on hold.
On November 21, 2014, a Sangamon County Circuit Court judge ruled the bill unconstitutional. That ruled is being appealed and the case will be heard by the Illinois Supreme Court.
On May 8, 2015 the Illinois Supreme Court unanimously ruled unconstitutional the pension reform law from 2013, Public Act 98-599. The law did not apply to current Cook County Pension Fund members - active or inactive - or to Cook County Pension Fund retirees, only to members of the state-funded systems. The Act reduced retirement benefits for some state retirement systems. Click here to view the Illinois Supreme Court Opinion.
Cook County Board President Toni Preckwinkle discusses what the Illinois Supreme Court ruling means for her plan to change the county's pension system on WTTW.
Senate Bill 1 does not impact the Cook County Pension Fund's benefits for current members.
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