Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Illinois lawmakers propose changes to the Tier 2 pension system to improve benefits and ensure federal compliance.

flag Illinois lawmakers are considering changes to the Tier 2 pension system for government employees hired since 2011 to ensure compliance with Social Security and improve benefits. flag The current system has raised concerns over fairness and compliance with federal "Safe Harbor" requirements. flag Proposed changes include increasing the maximum salary used to calculate pension benefits and adding an annual cost of living adjustment. flag These changes aim to address recruitment and retention challenges in the public sector. flag Lawmakers are set to discuss these proposals in an upcoming session.

8 Articles

Further Reading