Illinois comptroller says bond payments prioritized, being made

Reuters News
Posted: Oct 14, 2015 3:03 PM

CHICAGO (Reuters) - Illinois Comptroller Leslie Munger said on Wednesday the state may have to delay or reduce a $560 million December payment to pension funds.

The state is making payments on bonds, which are prioritized, she told reporters at a news conference.

(Reporting by Karen Pierog; Writing by Fiona Ortiz)