(Springfield, IL) — The Illinois General Assembly is handing Governor Rauner a defeat after he vetoed a bill to provide Chicago with police and fire pension relief. Both the House and Senate voted yesterday to override Rauner’s veto. The measure now becomes law, giving Chicago 15-more years to restore the underfunded pensions to financial health. It also allows the city to avoid a three-hundred-million-dollar property tax hike.
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