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Gov Says Pension Proposal Has "Good Ideas"

Fri, 04 Oct 2013 10:43:57 CDT
By: AP

Pat Quinn says there are a lot of good ideas in a pension reform proposal, but stops short of a full endorsement. The Governor says the 10-member committee of lawmakers working on a $138.9 billion savings plan needs to get details finished on the legislation so lawmakers can schedule a vote. Quinn says he's seen a number of the plansdetails and has been working with committee members. Quinn's remarks today follow Senate President John Cullerton's public endorsement of the plan. The state faces a $100 billion unfunded pension liability due to lawmakers shorting or skipping payments. Lawmakers say a vote may not happen during the October veto session. But Quinn says the pension crisis is an emergency that shouldn't be postponed.

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