CHICAGO — Warning that the state’s credit rating hangs in the balance, Illinois Gov. Pat Quinn plans to meet with legislative leaders this week to take another shot at pension reforms after a reform package collapsed in the 11th hour of the General Assembly session Thursday.

Quinn’s goal is to resolve differences between Democrats and Republicans and pass reforms that wipe out $82.9 billion of unfunded liabilities over the next three decades on a payment schedule the state can afford. If an agreement is reached, he likely would call a special session in the coming weeks.

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