Lawmakers are still trying to hammer out a deal on pension reform as the lame duck session draws near a close. (WJBC file photo)
By The Associated Press
SPRINGFIELD - A lawmaker at the heart of pension talks says the time is winding down for lawmakers to address Illinois' approximately $96 billion in unfunded liability but she's optimistic that a proposal could come up for a vote during the lame duck session.
State Rep. Elaine Nekritz told reporters yesterday that she's hoping for a resolution, but details are still being worked out. Gov. Pat Quinn's spokeswoman says talks are ongoing.
A day earlier legislative leaders met in Chicago, but did not emerge with a definitive deal.
The House reconvened yesterday. New lawmakers are scheduled to be sworn in Wednesday.
A House pension committee meets today where lawmakers will consider an amended pensions bill that would freeze retiree's cost-of-living adjustments for a time, among other things.