Friday’s Illinois Supreme Court ruling against the state’s 2013 pension revamp – that it’s unconstitutional because its provisions reduce benefits – was not a surprise to many.  One of the sponsors of the failed law would not cop to any expectations or predictions and instead looks forward. “Our choices are very limited,” said State Rep. Elaine Nekritz (D-Northbrook). “And the two that the Supreme Court mentions – one is re-amortizing the debt, and the other is raising taxes, neither of those are happy choices, either. The only proposal I have seen for re-amortizing the debt requires an additional $2.5 billion right now.”
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In a statement, the other sponsor, State Sen. Daniel Biss (D-Evanston), said, “We must respect the Court and strictly adhere to this ruling. The Pension Clause of the Illinois Constitution provides important protections, and today’s ruling proves the depth of those protections.”