Cullerton sees path toward Illinois pension compromise
SPRINGFIELD (AP) – Illinois leaders trying to revive a stalled overhaul of state retirement systems should push forward with what they agree on and keep negotiating the touchy question of who will pay retirement costs for teachers, state Senate President John Cullerton said Tuesday.
The Chicago Democrat said cutting costs at just two retirement systems would still save Illinois billions of dollars and show credit-rating agencies that the state is serious about cutting pension costs. It shouldn't be hard to pass legislation that cuts benefits for state employees and legislators because it's something the Senate already has approved, he said.
"This is a simple, one-day fix," Cullerton said in an interview with The Associated Press.
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