|
 Under the plan, the
directors of several pension boards would be removed. New boards
would be chosen, subject to tighter ethics laws.
The board that oversees
pensions for Illinois teachers was involved in one of the scandals
under former Gov. Rod Blagojevich. A Blagojevich friend conspired
with one of his board appointees to demand kickbacks from companies
wanting to do business with the pension fund.
House Speaker Michael
Madigan said Thursday that anyone involved with managing the
retirement systems under Blagojevich must go.
___
The bill is
SB364.
___
On the
Net: http://www.ilga.gov/
[Associated Press]
Copyright 2009 The Associated Press. All rights reserved. This
material may not be published, broadcast, rewritten or
redistributed. |
