Conversation on pension reform

Aug 20, 2013

A panel of ten Illinois lawmakers has been working this summer to find a solution to Illinois' pension problem. With an unfunded liability of about 100-billion dollars, payments to the public pension systems are taking up a larger chunk of overall state government spending. Illinois Public Radio's Sean Crawford spoke with Representative Elaine Nekritz, a Northbrook Democrat and one of the leaders in the push to change how retirement systems are funded. Recent meetings of the committee have occurred in private, making it difficult to determine progress. But Nekritz says she's hopeful: