Senate Coming Back; Quinn Vows To Work On Pensions “All Day”

QuinnGov. Pat Quinn says the Senate is coming back to Springfield.
The governor held a news conference Tuesday to urge senators to reach a compromise on pensions when they reconvene at 3 p.m.
Tuesday is the final full day of the lame-duck session.
Members of a House committee approved a proposal calling for more employee contributions and freezing cost-of-living increases.
Quinn says he’s been talking to lawmakers but wouldn’t specify what type of agreement he would support to fix the nation’s worst pension problem. He called on lawmakers to be “bold” and enact reform that will benefit everyone in Illinois.
Illinois’ unfunded pension liability is about $96 billion. Quinn reiterated that the deficit grows by $17 million a day and failure to act will make the problem worse. (AP)

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