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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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The many years legislators spent crafting a measure to rein in the state's pension costs came to a head yesterday in 52-and-a-half minute hearing before…
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Some of the main architects of the Illinois law that seeks to save the state money by reducing workers' pensions have begun collecting pensions of their…
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Attorney General Lisa Madigan is arguing that a landmark Illinois pension overhaul should be upheld because the state has ``police powers'' that allow it…
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Governor Pat Quinn now has the support of the two statewide teachers unions. The Illinois Federation of Teachers endorsed Quinn Wednesday despite the…
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A court is being asked to prevent any aspect of Illinois' pension overhaul from taking effect, until it's decided whether the law is constitutional. A…
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A coalition of labor unions has called Illinois' new pension law "theft." Now they've filed a lawsuit. It comes a day before Governor Pat Quinn is…
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With the new year comes the annual process of crafting a new state budget. Money will be tight, despite a pension law that's supposed to save $160 billion…