Ill. Pensions
3:02 pm
Fri September 14, 2012

Action on Ill. pensions may wait until next year

The chances of quick action on Illinois' pension problems are growing slimmer.

Gov. Pat Quinn said Friday that he believes a pension overhaul can be passed by the end of the legislative session, which is in January. The Democratic governor wants action "as soon as possible," but his remarks did not suggest that will happen this fall.

His comments come a day after Senate President John Cullerton told the Chicago Tribune he doesn't think a pension overhaul can pass until January, when legislative rules mean passage requires fewer votes.

House Speaker Michael Madigan has hinted at the same timetable.

Officials want to reduce retirement benefits for public employees to limit what state government pays each year. They're divided over what costs school districts should cover.

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