The Illinois Senate approved an overhaul of the state's pension systems Thursday. It comes one week after the Illinois House approved a more severe set of benefit cuts. As IPR’s Brian Mackey reports, the differences in those plans were at the heart of the debate:
The Illinois Senate approved an overhaul of the state's pension systems Thursday. It comes one week after the Illinois House approved a more severe set of benefit cuts. As IPR’s Brian Mackey reports, the differences in those plans were at the heart of the debate:
Governor Pat Quinn says House Speaker Michael Madigan's pension-reform plan is “comprehensive” and deserves a vote in the Senate. The House approved Madigan’s measure last week. It would require employees to pay two-percent more toward retirement benefits.
The long-simmering battle over government-employee pensions in Illinois took another turn Monday The Illinois Senate will be going its own way on a plan to change the drastically-underfunded system , potentially setting up a showdown with the House of Representatives. IPR’s Brian Mackey has more:
