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The Illinois state pension funds are among the worst-funded in the nation. Yet, a new state law allows less money to be put toward that purpose. The…
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Between a new state pension plan and Gov. Bruce Rauner's amendatory veto of the Democrats' school funding plan, some school districts would be in for a…
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Illinois' lack of a budget means public pension systems won't get their state contribution next month. That won't stop retirees from getting their checks.…
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The Illinois Teachers' Retirement System says it expects a lower return on its pension investments in the next year. That means the state will have to…
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Illinois’ biggest and most indebted pension system is beginning to implement changes tied to the pension overhaul passed this month. But officials are…
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Illinois' largest public pension fund hit a major low in 2012, its rate of return was less than one percent. But an early analysis shows the last fiscal…