Slow Movement on Answer to Illinois Pension Crisis
SPRINGFIELD, Ill. (AP) — With just three days to go, lawmakers are inching along on a solution to Illinois’ nearly $100 billion pension crisis
Both chambers are at odds with how to move forward with two complete overhauls. Meanwhile, three smaller pension bills dealing with retirement age, salary caps and cost-of-living increases have moved out of a committee to the Senate floor. Senators could vote on those before Friday’s adjournment.
A spokeswoman for Senate President John Cullerton says lawmakers are trying multiple approaches to send Gov. Pat Quinn a complete plan.
Rep. Elaine Nekritz, a key player in pension talks, says a bill that’d require state universities and community colleges to start picking up their own pension costs was expected to be filed Wednesday.
The bills are HB1154, HB1165 and HB1166.
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