Article posted: 12/21/2012 12:46 PM

Analysis: Pension cuts could save $2 billion next year

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State reps. Daniel Biss and Elaine Nekritz say their pension plan would save Illinois $2 billion next year.

Jeff Knox | Staff Photographer

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Two suburban Democrats said Friday their plans to cut teachers' and state workers' pension benefits could save the state $2 billion next year and immediately cut its retirement debt by nearly $30 billion.

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