pension overhaul

State News
7:12 am
Thu May 30, 2013

Pension talks to continue today

A solution for dealing with Illinois' 100 billion dollars of pension debt continues to elude legislators, even as the spring session rapidly approaches its end. The General Assembly is scheduled to adjourn Friday. IPR’S Amanda Vinicky reports.

Lawmakers have taken votes to deal with the pension debt. Problem is the House passed a plan that Speaker Mike Madigan says will save more money. And the Senate passed a different plan that his fellow Democrat, President John Cullerton, says is better because it's more likely to be upheld by the courts.

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State News
6:53 am
Thu May 9, 2013

Il Senate to vote on pension overhaul

The Illinois Senate is expected to vote Thursday on the latest proposal to fix the state's drastically underfunded pension systems. Many aspects of the plan have been put forth before in what's become a multi-year pension debate. But as Illinois Public Radio’s Brian Mackey reports, it has one element that makes it unique. 

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