Governor Rauner Announces New Pension Reform Bill

(Springfield, IL) — A new massive pension reform bill is being pushed forward by Governor Rauner. Rauner announced the measure yesterday that he says would save taxpayers billions of dollars a year. The plan would cut retirement benefits for teachers, police officers and firefighters throughout the state. Rauner said the reform was put together through negotiations with the City of Chicago, Senate President John Cullerton and the General Assembly.