Pension bill would reduce benefits, create 401(k) for new teachers
401(k) part of Cross and Nekritzs proposal
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State Rep. Elaine Nekritz, a Northbrook Democrat, speaks to reporters on pension legislation during a news conference Wednesday outside the House chambers at the Capitol in Springfield.
Associated Press
State Rep. Elaine Nekritz, a Northbrook Democrat, and House Republican Leader Tom Cross, left, of Oswego have a new plan Wednesday to cut the state's pension costs.
Associated Press
State Rep. Darlene Senger, a Naperville Republican, speaks to reporters on pension legislation Wednesday at the Capitol.
Associated Press
State Sen. Daniel Biss, an Evanston Democrat, speaks to reporters on pension legislation Wednesday in Springfield,
Associated Press
State Sen. Daniel Biss, top left, House Republican Leader Tom Cross, bottom, and state Rep. Elaine Nekritz proposed a new plan to cut the state's pension costs.
Associated Press file photo