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Illinois Senate approves Cook County pension changes

By Associated Press
Published May 28, 2014 12:00am ET
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Illinois Senate approves Cook County pension changes
SPRINGFIELD, Ill. — Illinois lawmakers have quickly advanced a plan to overhaul Cook County’s pension system by increasing county payments and reducing some benefits for employees. The Senate voted 36-16 on Tuesday to approve the changes that Cook County President Toni Preckwinkle says are necessary to keep the retirement system from dissolving in a couple […]

SPRINGFIELD, Ill. — Illinois lawmakers have quickly advanced a plan to overhaul Cook County’s pension system by increasing county payments and reducing some benefits for employees.

The Senate voted 36-16 on Tuesday to approve the changes that Cook County President Toni Preckwinkle says are necessary to keep the retirement system from dissolving in a couple of decades.

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