Republican Bruce Rauner smiles after winning the midterm elections in Chicago, Illinois

In pension battle, Illinois governor faces constitutional fight

Republican Bruce Rauner smiles after winning the midterm elections in Chicago, IllinoisBy Karen Pierog CHICAGO (Reuters) – Illinois Governor Bruce Rauner faces a formidable challenge in his bid to reform public worker pensions by changing the state constitution, and even if he succeeds the move may not resolve the state’s pension funding woes for years to come. Illinois Supreme Court on Friday voided a 2013 law that cut pensions, putting the onus on the newly elected Republican governor to solve the state’s budgetary and pension problems by pushing through his long-shot Plan B. Rauner had not supported the voided law and instead put forward his own pension reform, which leans on constitutional change to succeed – a mammoth undertaking. “I would have high doubts that it would succeed.” If constitutional change fails, Rauner would be forced to make even bigger spending cuts than he has so far proposed or give in to Democrat demands for a tax increase, unless another plan emerges that unions could support or the constitution would allow.

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