PONTIAC - State Treasurer and candidate for governor Dan Rutherford says the pension reform plan that lawmakers will be in Springfield to review and vote upon Tuesday will not pass Constitutional muster.
“I have taken due consideration over the long Thanksgiving weekend to evaluate the proposal for State Public Pension Reform. Having examined the information available, I do not support the current legislation. I do not believe it will withstand judicial review should it pass the Illinois General Assembly,” said State Treasurer Dan Rutherford.
“Strong beliefs are held in this debate, but fundamental to our rule of law is our Constitution. Our government’s obligation can be changed through a process involving adequate consideration to the employees. In my opinion, the legislation before us fails to address this relationship and offer adequate consideration in exchange for altering the pension benefits.”
“I look forward to working with the General Assembly and interested parties for a fair, Constitutional resolution to the biggest financial issue facing our state”, concluded Treasurer Rutherford.