Governor & Legislative Leaders Meet on Pension Reform

Jun 10, 2013

Illinois Governor Pat Quinn met with House Speaker Michael Madigan and Senate President John Cullerton to discuss how to solve the state's nearly $100 billion pension crisis.

Credit State of IL

The three began meeting in downtown Chicago midmorning on Monday.  However, it's unclear what, if anything will be voted on during a special session next Wednesday.

The governor is asking lawmakers to approve two rival plans on how to mitigate the state's pension crisis.
Senate President John Cullerton says the new plan to reform public pensions is to combine differing plans with hopes that one of them would survive in a court battle.

House Speaker Mike Madigan says, he still maintains the Senate should pass the house bill that is already in the senate. Madigan expressed concern that the proposal, as outlined in their meeting with the governor, would be too complicated and Madigan says he's not ready to commit to calling a combined bill for a vote.

Lawmakers will return to Springfield for the special session on June 19th.