Pension Committee to Meet in Springfield Next Week

SPRINGFIELD, Ill. (AP) -- A bipartisan group of Illinois lawmakers tasked with pension reform will meet in Springfield on the day before a special legislative session is convened.

Senate Democrats say the 10-member committee will meet Monday. The House and Senate are scheduled to convene Tuesday to consider Gov. Pat Quinn's amendatory veto on concealed carry legislation.

While Quinn originally called the Legislature back July 9 to deal with pensions, it is unlikely the issue will be voted on by that deadline.

Committee members met last week in a grueling five-hour public session where little was resolved. They are scheduled to meet again Wednesday. Members say they are hopeful progress is being made, but legislation has yet to be drafted.

Illinois' worst-in-the-nation unfunded pension liability hovers around $100 billion.


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