77
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      Unions vow to challenge new Illinois pension law

      A coalition of unions opposed to Illinois ' newly-signed pension overhaul has directed attorneys to prepare a court challenge.



      CHICAGO (AP) - A coalition of unions opposed to
      Illinois' newly-signed pension overhaul has directed attorneys to prepare a court challenge.



      The We Are One
      Illinois coalition said in a statement that attorneys were directed Thursday to prepare a lawsuit challenging the new law's constitutionality. The statement came the same day that Gov. Pat Quinn signed the bill into law at a private event in Chicago.



      The legislation emerged after months of negotiation over ways to address
      Illinois' $100 billion pension problem.



      It calls for raising the retirement age for some, among other things. The new law is estimated to save roughly $160 billion over three decades.



      However, legal challenges are expected. The coalition says it's an unfair law.

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