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Action On Pension Reform Expected This Week

State legislators could take action on a pension reform deal this week.  The deal reached by legislative leaders aims to overhaul Illinois' severely under-funded public pension system.  It calls for the retirement age to gradually increase and the state may cap how much of their employees' earnings can be used to calculate pension benefits.  While lawmakers agree that there needs to be a solution to the pension crisis, many are skeptical that this agreement will get through the Legislature, which meets tomorrow.

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