The Illinois legislature is back in session this week to try and hash out a pension reform deal. While all involved say this is an issue that must be resolved, Alton Senator Bill Haine is not convinced anything meaningful will happen during the veto session this week or next.
The state's public pension system has an unfunded liability of $83 billion. Haine says there are no easy answers, but he wants to make sure all of those with a vested interest sit down and negotiate a fix:
A bill failed to advance in the spring session after disagreement over language that would require suburban Chicago and downstate schools, community colleges and universities to pay into employees’ pensions, shifting some of the burden away from the state.