Cullerton wants to revive the plan he proposed for the state pensions that was rejected, and use it for the CPS pension. In other words, make minor cuts, and include the infamous guaranty provision that would force taxpayer money into pensions ahead of other obligations.
http://www.chicagotribune.com/news/opinion/commentary/ct-teachers-pensions-illinois-cullerton-oped-0211-20140211,0,3429810.story