Pension reform dead in spring legislative session

By WEEK Producer

May 31, 2012 Updated Jun 1, 2012 at 12:35 PM CDT

SPRINGFIELD, Ill. -- Pension reform in dead in the Illinois General Assembly this session but look for the Governor to call the legislature back to deal with the situation.

On Wednesday, Democrat House Speaker Mike Madigan said he'd remove a controversial part of the bill that would have local school districts start paying for their teacher's pensions.

House republican leader Tom Cross had his own version, but it required school districts to pay pension costs associated with any salary increases given in the final years of teachers' careers. Democrats backed off their support of the pension bill.

On Thursday night Cross said he only had half the votes he needed for pension reform. With a stalemate on pension reform obvious, Governor Quinn said he'd call together the House and Senate leaders from both parties to work out a compromise on Pension reform and enact it in a special session.

If the General Assembly goes into an overtime session, a three-fifths majority vote will be needed to pass any legislation.

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