Illinois Comptroller Leslie Munger says the state won’t be able to make it’s November pension payment because of the current budget stalemate in Springfield. Each month the state is supposed to pay 560 million dollars in the pension systems. But, Munger says the lack of a budget plus spending way beyond the state’s means is delaying that obligation.
Munger says the state may not be able to make it’s December payment either but pledges to get the state caught up before the end of the fiscal year next summer. She says this will not affect retiree benefit checks.