Pension news out of Chicago keeps getting worse.

In 2013, the Illinois legislature took a feeble stab at fixing some small aspects of the Illinois pension problem.

The legislation, signed by then Governor Pat Quinn reduced the 3 percent compounded cost-of-living adjustment for retirees established in 1989, raised the retirement age for workers 45 and under, and imposed a limit on pensions for the highest-paid workers. 

That was a step in the right direction, albeit a small one.

2013 Pension Reform Unconstitutional 

Today we learn the Illinois Supreme Court Finds 2013 Pension Reform Law Unconstitutional.