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Fri October 4, 2013
Governor Weighs In On Pension Talks
Gov. Pat Quinn says there are ``a lot of good ideas'' in a pension reform proposal, but he's stopping short of a full endorsement of the deal.
The Chicago Democrat says the 10-member legislative panel working on a $138.9 billion savings plan needs to get details finished on the legislation so
lawmakers can schedule a vote.
Quinn's says he's seen a number of the plan details and has been ``working back and forth'' with committee members.
Quinn's Friday remarks 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.