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• Position: STATELINE - Pernsion reform in Illinois - Brief article

All the talk of pension reform in Illinois is prompting a host of state government employees to retire before any cuts occur. Nearly 4,750 state employees retired during the 12 months ending June 30. That's almost as many workers as retired in the two previous years combined. The state is facing a potential $93 billion pension debt, and lawmakers are working on various plans to cut benefits--including at least one to cut benefits for those already retired. "We cannot have a...