Nov 14, 2011
Illinois lawmakers punt on pensions as $85B liability grows - Joilet Herald News
SPRINGFIELD — The state’s biggest bill, already at $85 billion, will keep growing.Civic and business groups had hoped lawmakers would cut government pension costs during the fall legislative session. But those hopes ran smack into the reality of union strength, politics and the Illinois Constitution. The session ended without any decisions, either on reducing benefits or making up for state government skimping on past pension contributions.
