Illinois House Speaker Michael Madigan is waiting for a vote to be scheduled on a pension overhaul.
The Chicago Democrat says any pension plan must be "meaningful" in order for him to call it for a vote. Madigan spoke to reporters yesterday following a slating of Democratic candidates. He serves as the state party's chairman. Earlier this year both Madigan and Senate President John Cullerton had each backed competing pension plans. An impasse led to the forming of a committee tasked with finding a solution to the 100 billion dollar shortfall.
Both Madigan and Cullerton sued Gov. Pat Quinn for stopping lawmakers' pay over pension inaction. A judge should rule soon and Madigan says they will likely appeal the case if the ruling does not go their way.
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