A state legislative report says Illinois' unfunded pension liability is $111-billion. The report comes as legislative leaders and Gov. Bruce Rauner have agreed to take another look at overhauling pensions.
The Illinois Supreme Court rejected a previous plan lawmakers said would save the state billions in contributions.
The leaders met earlier this week as Illinois continues without a budget for the fiscal year that began in July. The state pension contribution will increase by $291-million in the fiscal year that begins July 1.
