Lead lawmaker's bill would address Chicago school pension shortfall

Illinois Senate President John Cullerton on Tuesday proposed legislation aimed at providing pension funding relief for the Chicago Public Schools, while meeting Governor Bruce Rauner's call for a local property tax freeze. The bill, set to be heard by the Senate Executive Committee on Wednesday, would require the state to pay a much bigger share of Chicago teachers' pensions and reduce the nation's third-largest public school district's contributions going forward. Payments due in fiscal 2018 th