Conference Committee
6:00 am
Tue July 30, 2013

Lawmakers Said To Be Compromising On Pensions

Sen. Bill Brady, R-Bloomington
State Sen. Bill Brady, R-Bloomington, announces his candidacy for governor in this June 26, 2013 file photo.
Credit Brian Mackey/WUIS

A member of the Illinois legislature's special committee on pensions says the group is closing in on a compromise. But it remains to be seen whether the measure will have enough support in the full General Assembly.

The 10-members of the bipartisan conference committee have been meeting for more than a month. A good chunk of that time has been waiting for actuaries to analyze the various proposals — seeing how much of Illinois' nearly $100 billion in unfunded pension liabilities might be eliminated.

"We sent a — hopefully — a final round of scoring back to the actuaries to come up with some solution," says Sen. Bill Brady, R-Bloomington.

He says there's been "a great deal of compromise" among his fellow pension committee members.

"I'm hopeful that our work and effort will bring the conference committee to a consensus resolution, and then we can employ the legislative leaders to help us pass a bill," he says.

Like other members of the committee, Brady says he hasn't heard from Gov. Pat Quinn — or anyone on the governor's staff — since Quinn vetoed lawmakers' salaries as punishment for not passing pension legislation.

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