Peoria Public Radio Staff
Wed October 23, 2013
Gov. Quinn says pension shortfall is a crisis
Quinn is taking a different view.
"I think it is a matter of extreme emergency. It's urgent -- whatever word you want to use."
He says there's opportunity to solve the problem in the next few weeks. A bipartisan committee working on a pension overhaul is split over a plan that saves 138 billion dollars over 30 years.
Cullerton says the expiration of the temporary income tax increase in 2015 will put more pressure on state spending than pensions. Quinn, however, declined to address the income tax situation.