CHICAGO — Illinois Gov. Pat Quinn yesterday signed legislation that cuts retirement benefits for future employees to help rein in the state’s growing unfunded pension liabilities, a measure he hopes lays the groundwork for legislative approval of a controversial income tax increase.

Quinn praised the Senate’s Democratic leadership and members “for their bipartisan support and for helping to bring in a new era of greater fiscal responsibility and accountability to Illinois” during a signing ceremony on the legislation approved late last month.

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