Pension Lawsuit Update of August 28, 2014, with SUAA Atty Aaron Maduff

Aaron Maduff, who represents the State Universities Annuitants Assn, updates us on the recent changes that were heard in the Circuit Crt of Sangamon County where the lawsuit against the state’s pension reduction plan, is being challenged. He discusses the payroll deductions the state has been taking for healthcare coverage — and when the state might stop taking those deductions in light of the recent Kanerva v Weems decision that the Supreme Court issued on July 3, 2014.