CHICAGO – The head of a special Illinois legislative committee assigned to solve the state’s pension quagmire said the group expected to take initial steps toward crafting a framework for a reform plan, after taking testimony during its second public hearing Wednesday.

The group heard from various stakeholders that have offered up their own versions of reform plans, including public university officials, during nearly three hours of testimony Wednesday.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.