The fall legislative session resume Tuesday in Springfield, and the latest pension proposal is in the hands of the four legislative leaders and the actuaries who are calculating the projected savings.
A member of the conference committee which has been wrestling with the issue since June says she wasn’t in the leaders’ meeting Friday and is not at liberty to discuss the details, but state Rep. Elaine Nekritz (D-Northbrook) said of the leaders, “I think they are committed to calling members back when there is a resolution, and when they’ve come to agreement.”
The systems carry a $100 billion unfunded liability.
Among the items which could come up this week are same-sex marriage, mandatory minimum prison sentences for gun crimes, and a tax incentive deal to keep Archer Daniels Midland from moving its corporate headquarters from Decatur out of Illinois.
State Sen. Jim Oberweis (R-Sugar Grove) is opposed to that last one: “If they want to move towards an airport, if they want to be in Chicago, that’s up to them,” he said. “That’s a business decision that they make. The legislature should not get involved in subsidizing that type of a move.”
The Illinois House and Senate are scheduled to be in session Tuesday, Wednesday, and Thursday.