Bipartisan committee holds first pension hearing
- Photos (1)
Gov. Pat Quinn called lawmakers back to Springfield this month for a special legislative session on pensions. But both chambers remained divided on how fix the problem.
Bill Zars | Staff Photographer
Members of a bipartisan panel tasked with coming up with a plan to address Illinois' pension crisis don't all agree with Gov. Pat Quinn's July 9 deadline to report back with a solution.
Democratic Sen. Kwame Raoul says it could take longer than that. He spoke to reporters Thursday before the panel's first public hearing. He says another hearing will take place next week.
The 10-member panel was formed after a special session this month. Both chambers remain divided and the group has been charged with finding compromise.
Republican Sen. Mat Murphy says July 9 is a reasonable target.
Six Democrats and four Republicans are on the committee.
Illinois has the worst state pension shortfall nationwide, largely due to lawmakers skipping or shorting payments to public-employee retirement funds.
- Share Facebook Twitter
Article sent to (required)E-mail
Article sent from (required)E-mail Name
Subject Line (article title)
Message (optional)Success - Article sent Click to close
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.Need more information about reprints? Visit our Reprints Section for more details.
Contact information ( * required )Name * Company Telephone * E-mail *
Article InformationTitle URL
Message (optional)Success - Reprint request sent Click to close