Jeanne Ives

Statehouse
1:16 am
Wed December 4, 2013

How They Finally Passed A Pension Overhaul

House Speaker Michael Madigan, right, forcefully argued for legislation to overhaul the state's pension systems.
Credit Amanda Vinicky/WUIS

The Illinois General Assembly approved sweeping cuts to state employee pensions Tuesday. The move comes after years of stalemate over how to address a hundred-billion dollar liability — the worst-funded pension plans of any state.

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