CHICAGO — The prospects for passage of comprehensive legislation to overhaul Illinois' faltering pension system before lawmakers adjourn Friday dimmed after the Illinois Senate overwhelmingly rejected a House-sponsored reform package estimated to save the state $187 billion in the coming decades.
Gov. Pat Quinn, who has called pension reform the top priority for the spring session, issued a terse statement after the 42-16 vote against Senate Bill 1 late Thursday and urged the Senate to reconsider. "The people of Illinois were let down tonight. Every lawmaker in the capitol knows what needs to be done," he said. "Failure to send me a comprehensive pension reform bill hurts our economy and costs Illinois taxpayers $17 million a day."