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Labor’s Pension Deal: Best Bet or Too Good To Be True?
The Illinois Senate is expected to vote Thursday on the latest proposal to fix the state’s drastically underfunded pension systems. In what’s become a multi-year pension debate, many aspects of the...
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Universities Agree To Taking On Pension Costs
Illinois universities and community colleges have signed on to a deal that would have them pick up the cost of their employees’ retirement benefits. It’s part of lawmakers’ ongoing efforts to reduce...
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Justice? No Pension Cuts For Illinois Judges
Illinois lawmakers remain at odds over how to handle the state’s 100 billion dollars of pension debt. But there’s a chance that this spring the General Assembly may finally do something about it....
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A Full Agenda With Only Five More Days Of Session
There are five days left in the Illinois General Assembly’s spring session. Legislators have a lot of work ahead of them. Typically, fighting over the budget carries into the waning hours of a...
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Four More Days, And Pension, Budget, Gambling, Guns Unresolved
The legislative countdown continues, as Illinois’ General Assembly is set to adjourn Friday. Lawmakers spent their Memorial Day at the capitol, where little apparent progress was made on many of the...
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State Rep: Pension Shift Would Cost Schools Nothing
Members of the Illinois House continued pushing for their version of a pension overhaul Tuesday. The latest twist could affect how public school teachers’ pensions are funded. Brian Mackey has more....
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Pension Solution Continues To Elude Legislators
A solution for dealing with Illinois’ 100 billion dollars of pension debt continues to elude legislators, even as the spring session rapidly approaches its end. The General Assembly is scheduled to...
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The Clock Ticks Both Ways: A Long To Do List On Legislature’s Final Day
Illinois has the worst funded pension system in the nation … and lawmakers have until today to do something about it. The General Assembly is scheduled to adjourn by midnight. After that, it requires...
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Pension Special Session Set To Create Conference Committee
Members of Illinois’ General Assembly return to the capitol Wednesday for a special session on pensions, where they’re expected to pass off the problem to a yet another legislative committee. What to...
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University Presidents Rally Behind Exclusive Pension Plan
The presidents of Illinois’ public universities are rallying behind a plan intended to bolster the pension system for their employees. The proposal was the subject of a state Senate hearing Tuesday in...
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