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Pension Reform


Lawmakers are putting pension talks on hold. Governor Quinn says the delay doesn't mean they're not serious about resolving the pension liability, especially since a new report puts Illinois' pension liability over 200 billion dollars. Lawmakers had planned to pass a pension fix before finishing up the spring session on May 31st but a disagreement on cost shifting shut talks down. Now, lawmakers will take five weeks to do a comprehensive study on how cost shifting will impact schools, plus analyze how schools are funded between school districts across the state.

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