Springfield, Ill. (AP) -- Lawmakers have
found at least one fix for the state's multibillion-dollar pension problem that
could pass the Illinois House.
Two Republicans joined Democrats
yesterday in voting 65-7 to cap the salary that pension benefits are based on
at the Social Security Index. Currently that's $113,000 per year.
Supporters estimate it could save Illinois $1 billion
The vote was part of a process Democratic
Speaker Michael Madigan is using to gauge where legislators stand on possible
reforms. It's the first amendment in two days of debate to get enough votes to
Republicans have criticized the process
and have refused to participate in most of the votes.
Legislators rejected a 10-year freeze on
cost-of-living adjustments and a measure to require employees to contribute 4
percent more to their retirement.
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