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Officials with the Teacher’s Retirement System made a decision today that could add another $421 million to Illinois’ annual pension costs. The board…
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Illinois has more than $100 billion in pension debt. So far, attempts to fix it have been mostly illegal.Editor's note March 31, 2016: A recent study puts…
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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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The State Universities Retirement System now says a troublesome piece of last year's state pension-reform law may not cut retirees' pensions after all.…
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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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The curtains are closing on the Chicago play "I Wish to Apologize to the People of Illinois" -- a timely production, given that today, Dec. 9, marks five…