Illinois House: Senate Pension Plan Saves Less Money
Reps. Elaine Nekritz and Darlene Senger say an actuarial study of Cullerton's plan shows it would reduce a $97 billion debt in employee pension systems by less than $6 billion. Cullerton says his plan would reduce that debt by $10 billion.
Nekritz is a Northbrook Democrat and Senger is a Republican from Naperville. Their numbers are from pension-system administrators.
Spokeswoman Rikeesha Phelon says Cullerton doesn't dispute "preliminary numbers" but says information is incomplete.
Nekritz and Senger say their House-passed plan would reduce the liability by $28 billion. But Cullerton says his version can get court approval.
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