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Illinois Legislature OKs Chicago pension overhaul

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SPRINGFIELD, Ill. — State lawmakers on Tuesday approved Chicago Mayor Rahm Emanuel's proposal for overhauling two city pension programs that officials say could otherwise be out of money in little more than a decade. The Senate voted 31-23 in favor of the Democratic mayor's initiative shortly after the House backed it 73-41. The measure, which hinges on a $750 million property-tax increase over...

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