Democratic Representative Elaine Nekritz http://peoriapublicradio.org en Pension Committee Closer to Proposal http://peoriapublicradio.org/post/pension-committee-proposal-near <p>Two Illinois lawmakers say they’re getting closer to proposing a pension plan that could save the state almost $150 billion dollars. IPR’s Patrick Smith has more.</p> Mon, 26 Aug 2013 21:43:28 +0000 Daryl Scott 10985 at http://peoriapublicradio.org Pension Committee Closer to Proposal IL special pension committee meeting Friday http://peoriapublicradio.org/post/il-special-pension-committee-meeting-friday <p></p><p>Illinois lawmakers on a special pension committee are scheduled to meet again Friday in Chicago. Members of the group say they're making progress toward a compromise, but as IPR’s Brian Mackey reports, some of their colleagues think they've found a way to reach a solution even faster:</p><p> Thu, 18 Jul 2013 21:59:22 +0000 Brian Mackey 9084 at http://peoriapublicradio.org IL special pension committee meeting Friday Analysis: little savings in union-backed pension overhaul proposal http://peoriapublicradio.org/post/analysis-little-savings-union-backed-pension-overhaul-proposal <p></p><div>A state pension overhaul backed by government employee unions may save only half of what advocates had promised. &nbsp;That underscores an ongoing battle between the House and Senate over pensions, with only ten days left in the legislative session. &nbsp;IPR'S Amanda Vinicky reports.</div><div>&nbsp;</div><p><span style="line-height: 1.5;">There's general agreement on this much: that Illinois' public pension systems have $100 billion dollars in unfunded liabilities. &nbsp;That's a fancy word that *basically* means "debt."&nbsp;</span><span style="line-height: 1.5;">It's a big number that's getting Illinois in trouble with bond houses and eating into the state's budget.&nbsp;</span><span style="line-height: 1.5;">And the House and Senate have different plans on how to drive that number down.</span></p><div> Wed, 22 May 2013 12:03:09 +0000 Denise Molina & Amanda Vinicky 6002 at http://peoriapublicradio.org Analysis: little savings in union-backed pension overhaul proposal