Cook County Board President Toni Preckwinkle’s Statement on the Illinois Supreme Court Pension Ruling
Each local pension system is unique and there is no “one-size fits all” approach to pension reform. A number of aspects of today’s decision re-affirm our view that the legislation introduced last year to reform the pension fund for Cook County employees and retirees is constitutionally sound. First and foremost, our proposed reform legislation is not based on the “police powers” argument or the other arguments put forth in defense of Senate Bill 1.