By AP
Springfield, IL – An Illinois budget that would shortchange troubled pension systems and give the governor new power over spending has passed the state Senate 31-26 today, and now goes to the House, which is considering a similar plan.
Troubled pension systems would have to wait another six months to get the $3.7 billion the state owes. Pension officials call that a serious blow. The budget contains huge lump sums. Governor Pat Quinn will decide how that money is spent.