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Illinois Legislature Overrides Veto of Chicago Pension Bill

The Illinois Senate and House of Representatives on May 30 overrode Gov. Bruce Rauner’s (R) veto of a measure allowing Chicago to borrow $843 million to help address its police and firefighter pension fund shortfalls. Rauner had vetoed the bill on May 27.

The vote was not close, according to the Chicago Sun Times, which reports that the vote to override was 72-43 in the House and 39-19 in the Senate.

Rauner said in a statement that the General Assembly’s action was “unfortunate” and that local and state governments should pursue reforms that don’t “kick the can down the road.” Chicago Mayor Rahm Emmanuel (D) hailed the override as “putting politics aside” on behalf of the city’s first responders.

The city’s pension shortfall recently was reported to exceed $20 billion.