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Illinois Pension Fix Fading as Governor Warns of Failure

The prospects of Illinois lawmakers resolving a $97 billion unfunded pension liability dimmed as the House adjourned yesterday without any clear indication that a majority would support a bill making state employees and teachers pay more for their retirement benefits.

With the current legislative session set to end tomorrow, the obstacles facing a pension overhaul mounted as the Senate gave no sign that it would return to act on any retirement legislation, if it were to pass the House of Representatives.