Pension Amendment on Ballot
By: Sophie Nielsen-Kolding WMBD/WYZZ TV
Updated: October 26, 2012
PEORIA- There's a question on the November ballot and it could affect your pension.
Voters will decide on an amendment to the Illinois constitution. It would require a three fifths majority in both the Illinois House and the Senate to add or reduce additional benefits to pensions.
Right now both chambers only need a majority to pass reforms along with the governors signature. Josh Ryan is a political science professor at Bradley University.
He said it's intended to stop problems in the future like what we're seeing now, although it might not solve the current problem.
"And I think a lot of voters haven't heard about it because it doesn't do a lot to address the problems now it might prevent problems in the future," Ryan said.
Ryan said the amendment would make it more difficult to pass pension laws which might lead to underfunded pensions that the state can't afford.
Voters will decide on an amendment to the Illinois constitution. It would require a three fifths majority in both the Illinois House and the Senate to add or reduce additional benefits to pensions.
Right now both chambers only need a majority to pass reforms along with the governors signature. Josh Ryan is a political science professor at Bradley University.
He said it's intended to stop problems in the future like what we're seeing now, although it might not solve the current problem.
"And I think a lot of voters haven't heard about it because it doesn't do a lot to address the problems now it might prevent problems in the future," Ryan said.
Ryan said the amendment would make it more difficult to pass pension laws which might lead to underfunded pensions that the state can't afford.
