A “Pension Promise” sign is seen as Illinois state union members and supporters rally in support for fair pension reform in the rotundra at the Illinois State Capitol Thursday, Jan. 3, 2013 in Springfield Ill. (AP Photo/Seth Perlman)
Updated: January 5, 2013 2:15AM
House Speaker Michael Madigan has agreed to “defer” his demand that suburban and Downstate school districts pay more toward teacher pension costs in a move Gov. Pat Quinn described Friday as a breakthrough.
Disagreement between the two parties over whether the state should hand suburban and downstate school systems a $20 billion tab for funding educators’ pensions has stood as a major impediment toward solving Illinois’ $95 billion pension crisis.