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Tue August 20, 2013
Few Details On Pension Progress
A panel of ten Illinois lawmakers has been working this summer to find a solution to Illinois' pension problem. With an unfunded liability of about 100-billion dollars, payments to the public pension systems are taking up a larger chunk of overall state government spending.
WUIS' Sean Crawford spoke with Representative Elaine Nekritz, a Northbrook Democrat and one of the leaders in the push to change how retirement systems are funded.
Recent meetings of the committee have occurred in private, making it difficult to determine progress. But Nekritz says she's hopeful: