Quinn proposes combined plan to deal with pension crisis
Tue, 11 Jun 2013 00:00:00 GMT —
Illinois Governor Pat Quinn
has come up with an unique option to try and solve the nearly $100 billion pension problem in the state.
The governor has proposed that plans proposed by both Cullerton and Madigan be combined.
He is asking lawmakers, who adjourned on May 31 without taking action on the pension issue, to vote a bill that set up the Madigan plan as the primary plan and the Cullerton as the back up in case the courts reject the Madigan proposal.
But Madigan voiced concern that the combined proposal would be too complicated to execute.