-
More than half of Illinois’ largest cities have severely underfunded pension funds, according to a new report from libertarian-leaning group…
-
State lawmakers are now formally considering legislation to pool the resources of nearly 650 local Illinois police and fire department pension funds.The…
-
The Illinois General Assembly was busy this week, passing legislation intended to fight gender pay inequity, teach LGBT history, and raise the age to…
-
A program designed to curb Illinois’ pension debt is now underway. Early numbers show more Illinois state employees than expected are choosing to take a…
-
A national study released this week comparing general school funding dollars with the amount spent on staff benefits singled out Illinois — and not in a…
-
When school districts outside of Chicago negotiate contracts, they do so with the assurance that the state will pick up the tab on pensions. To control…
-
The Illinois legislature overwhelmingly passed a full year budget Thursday. It includes a few plans to cut down on the state’s massive pension debt.One of…
-
Mounting pension debt, persistent cash flow issues, and political gridlock – Illinois has a lot of problems. But it wasn’t always this way.In a recent…
-
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…
-
Yet another proposal aims to get the state out of crisis.A 1917 report conducted on the Illinois pension system revealed bad news. After a pension-focused…