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New projections show nibbling around the edges of the state’s budget problems will get Illinois nowhere. The state may have gone for nearly a year and a…
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Illinois' already strained bank account will be stretched by another $4.6 billion because of action taken by the state government's largest pension…
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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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High school seniors who plan to go on to college should be finalizing their dorm and roommate choices about now. But this year, those decisions aren’t…
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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 won't make its next pension payment; Comptroller Leslie Munger Wednesday announced she can't, because the state doesn't have the cash.Illinois'…
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Illinois may not be done with the 2013 law reducing state employees’ pensions after all. The Attorney General appears to be readying to appeal to the U.S.…
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The Illinois House held its first hearing on Gov. Bruce Rauner’s proposal to address the state’s unfunded pension liability. Under the governor's plan,…
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Even though John Cullerton went along with the pension law that on Friday was found by the state's high court to be unconstitutional, the Illinois Senate…
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There's a reason analysts say Illinois has the nation's lowest credit rating. It has the nation's largest unfunded pension liability. A 2013 law that’s…