Legislative Leaders Optimistic After Meeting On Pensions

Leaders of the Illinois Legislature say they're making progress negotiating a plan to deal with the state's $100 billion pension crisis.

The four caucus leaders of the state House and Senate on Thursday held a conference call over a plan that could save close to $150 billion over 30 years.

Their work builds off of a framework developed over the summer and fall by a bipartisan committee of lawmakers.

Senate President John Cullerton's spokeswoman Rikeesha Phelon says Thursday's meeting won't be the last before lawmakers meet in Springfield Dec. 3.

Phelon says agreements have progressed to the stage that parts of the plan are being communicated with rank and file lawmakers.

(Copyright 2013 by The Associated Press. All rights reserved.)

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