CHICAGO (AP) — Gov. Pat Quinn says the outline of a pension reform proposal from a bipartisan panel is “positive indeed.”
However, the Chicago Democrat was less clear about whether he’s fully behind it or not, saying he wants to see final details.READ MORE: Doggy Daycare Owner Appalled After State's Attorney Declines To Prosecute State Inspector Jose Guillen, Who Was Caught On Camera Groping Her
He told reporters Sunday after an unrelated event that the panel tasked with coming up with a way to address the state’s nearly $100 billion pension problem has made progress.
Pensions have been Quinn’s top issue. He recently halted lawmakers’ pay after lawmakers missed another one of his deadlines to solve the issue.READ MORE: With Struggles Amid Pandemic, Uptown Strong Initiative Takes On Multiple Efforts To Keep Businesses Afloat And Robust
The pension committee is considering a plan that would, among other things, end automatic 3 percent cost-of-living increases for retirees. Increases would instead be linked to the rate of inflation.
Committee members say the details are preliminary.MORE NEWS: No One In Custody As Investigation Continues Into Hit-And-Run That Killed Retired Police Officer Richard Haljean In Edison Park
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