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Pension Reform Vote Expected to Come Quickly

It's taken lawmakers months to come up with a pension reform agreement that many believe can pass both sides of the aisle, and some are saying it could move forward quickly.

The pension conference committee will present a report on the plan Monday, including the full bill, its components, and the estimated savings. Both chambers are expected to vote Tuesday.

Lawmakers didn't get many specifics on the bill until today, giving them only five days to make up their minds before voting.

We asked House Speaker Michael Madigan's office if that's enough time to make an informed decision on the bill.

"None of this comes as a surprise," Madigan spokesman Steve Brown said. "These are all elements that have been talked about for three or four years. The problem has been forming for probably 20 years. So nothing really comes last-minute."

The Illinois Constitution requires a minimum of five session days to introduce and pass a bill. Lawmakers will get around the constitutional time frame by putting the entire pension bill into an amendment on an older bill. That is referred to as a "shell bill."