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August 1, 2014, 2:50 am
970 WMAY News

Public Sector Union Coalition Summit Doesn't Accomplish Much on Pension Reform


A pension summit organized by a coalition of the state’s public sector unions does not appear to have accomplished much.

 

House Republican Leader Tom Cross says there was very little movement by anyone during that discussion in the Chicago suburbs.

 

Cross and other legislative leaders are pushing for changes in pension benefits to ease the underfunding crisis… while the unions want to raise some taxes and close tax loopholes to raise more revenue for the pension funds.

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