CHICAGO (AP) — Illinois Gov. Pat Quinn insists lawmakers can fix the state's most urgent financial problem by passing a major pension overhaul in a single day, but he seems to be the only leader convinced it can be done so quickly.
Other key officials are backing a scaled-down pension plan or opposing versions now on the table, though no one but Quinn seems to think a complete overhaul will be approved when the General Assembly meets in special session Friday.
Senate Minority Leader Christine Radogno said lawmakers are waiting for direction from Quinn, whose vows for reform she calls hollow.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.