Republican Bruce Rauner smiles after winning the midterm elections in Chicago, Illinois

State lawmakers override bill veto to ease Chicago pension payments

Republican Bruce Rauner smiles after winning the midterm elections in Chicago, IllinoisChicago will be able to spread out state-mandated higher payments to its police and fire pensions after the Illinois Legislature on Monday overrode the governor’s veto of a bill that became entangled in a political impasse. The Senate voted 39-19 and the House voted 72-43 to undo Republican Governor Bruce Rauner’s veto on Friday that the city claimed would lead to a $300 million property tax hike. The bill gives Chicago short-term budget relief but will add to the city’s big pension funding gap.

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