Pension Meeting



Governor Pat Quinn is expected to meet today with Democratic legislative leader to work out a compromise on the separate pension reform bills passed by the Illinois House and Senate.
 
The governor tried to hold this meeting last Tuesday but Madigan was unavailable, not even by phone.  The governor says he has since spoken with Madigan, a conversation he called “pleasant”, and he expects Madigan will be at today’s meeting
 
Quinn says this is a crucial meeting leading up to the Special Session on the 19th,  because the unfunded pension obligation grows by $17 million each day and because the state’s credit rating suffered another downgrade by two rating firms last week.
 
The governor says he will keep pushing on pension reform until legislators send him a bill to sign.

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