POSTPONED Public-Sector Pension Reform: Obstacles & Opportunities
The Chicago Lawyers Chapter
Gregory G. Katsas
Start : Thursday, September 5, 2013 11:30 AM
End : Thursday, September 5, 2013 1:00 PM
Petterino’s Banquet Facility (Lower Level)
150 N. Dearbron St.
Chicago, IL 60601
(Corner of Dearborn & Randolph: Banquets entrance on Randolph)
THIS EVENT HAS BEEN POSTPONED AND WILL BE RESCHEDULED AT A LATER DATE.
- Gregory G. Katsas, Esq., Former Assistant Attorney General for the Civil Division and Former Acting Associate Attorney General in the U.S. Department of Justice; Former Law Clerk to Supreme Court Justice Clarence Thomas
Lavish, unfunded, or under-funded public-sector pensions have created unsustainable obligations that threaten to bankrupt many states and municipalities. Mr. Katsas will present an overview of various reform measures enacted in the last few years to address that problem, an overview of legal challenges to those measures, generally brought by unions under the Contracts Clause or its state constitutional equivalents, and a discussion of bankruptcy as an alternative means of effecting reform. The City of San Jose, California’s pension litigation, as well as the Stockton and Detroit bankruptcies provide real-world data of pension-related problems. Of great local interest is the City of Chicago, which has what may be the most burdensome pension obligations of any large city in the country.
11:30 a.m. Reception
12:00 noon – lunch/presentation
Cost: $30 Early Bird ($25 for students), $40 after 9/2/2013
(Membership has its privileges: $35 at the door with current Federalist Society membership card or Student I.D. in hand)