Democrats float pension reform plan
SPRINGFIELD – Illinois lawmakers took a small step on a big issue when House Democrats released their plan Tuesday to rein in state pension costs.
It would reduce pension benefits for government retirees and gradually require schools to take over retirement costs for their employees. Judges, however, would be exempted from the changes.
The pension plan passed in a House committee but was not called for a vote by the full chamber as critics howled at the idea of shifting retirement costs to schools.
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