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Ill. lawmakers taking up bill to fix pension mess

Unions protest plan to fix the state’s pension crisis.

The floor of the Illinois State Senate, where lawmakers are now debating a plan to fix the state's pension crisis. AP Photo/Seth Perlman
The floor of the Illinois State Senate, where lawmakers are now debating a plan to fix the state's pension crisis. AP Photo/Seth Perlman

SPRINGFIELD, Ill. (AP) — Illinois lawmakers were poised Tuesday to vote on a plan to solve the state’s $100 billion pension crisis — a proposal many are calling the most important vote of their careers and one that could deeply reduce the retirement benefits of hundreds of thousands of workers and retirees.

At a hearing on the measure Tuesday morning, House Speaker Michael Madigan called the pension shortfall — the worst of any state in the country — “one of the most serious problems affecting the state of Illinois.”

Copyright 2016 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Nichole Morford

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