Chicago pensions

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Brian Mackey / NPR Illinois

Chicago Mayor Lori Lightfoot wants Illinois to help Chicago with its ballooning pension payments, which are squeezing other priorities in the state budget.

Pension Prospects?

Sep 21, 2016

Lawmakers haven't touched state pension benefits in the nearly year-and-a-half since the Illinois Supreme Court ruled their last attempt unconstitutional. But Governor Bruce Rauner says he's "pretty excited": He thinks they will pass a new law this winter.


John Cullerton
Brian Mackey / NPR Illinois | 91.9 UIS

As the clock ticks down on the General Assembly, lawmakers are struggling to avoid the debacle of public schools not opening in the fall. But they’re having a tough time coming up with a school funding formula that pleases both parties.

Brian Mackey / NPR Illinois

The Illinois Supreme Court on Thursday struck down another attempt to control the cost of government pension benefits.

This time it was Chicago city employees and retirees whose pensions were being targeted. The retirement system for one set of workers is projected to be insolvent in about a decade.

In 2014, the Illinois General Assembly changed the rules, but in Thursday's 5-0 ruling, the Supreme Court found that unconstitutional.

Illinois Public Radio’s Brian Mackey spoke with his colleague Amanda Vinicky about the decision.

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Brian Mackey / NPR Illinois | 91.9 UIS

This week, Governor Bruce Rauner said he wants to prevent Syrian refugees from entering Illinois, the state Supreme Court heard arguments concerning a Chicago pension law, and a citizens' initiative to end gerrymandering gained momentum.   Kurt Erickson of Lee Enterprises joins the panel.

cityofchicago.org

Illinois Issues editor Jamey Dunn talks with University of Illinois Chicago political science professor Dick Simpson about Chicago's budget situation and why it matters even if you don't live there.

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Brian Mackey / NPR Illinois | 91.9 UIS

This week, the Illinois Supreme Court struck down the 2013 pension legislation that would have cut retirement benefits for state wokers.  Meanwhile, the House began debating the governor’s "Turnaround Agenda."  And Governor Rauner personally addressed the Chicago City Council.  Illinois Issues Executive Editor Jamey Dunn joins the panel discussion.

Brian Mackey/WUIS

The Illinois Legislature adjourned its spring session having passed a new state budget and other key measures, but leaving some business undone. Here's a look at what passed and what didn't:  
     BILLS SENT TO GOV. PAT QUINN:  
Budget: A roughly $35.7 billion budget for 2015 keeps funding flat for schools and most state agencies. Majority Democrats acknowledged the budget is ``incomplete'' because it postpones tough votes about whether to slash spending or find new revenue until after November's election.  

Casino Queen
Paul Sableman (pasa47) via Flickr

  While Illinois lawmakers continue to debate whether to extend the income tax increase. But that's not the only source of money being considered. Backers of expanding gambling also project the state would get a windfall.

State Rep. Bob Rita (D-Blue Island) is once again taking a stab at gambling expansion.

He's got two options: Either authorizing a casino for Chicago, or a broader plan that would put casinos in Chicago, Danville, Rockford, Lake County and the south suburbs. Horse race tracks would also be permitted to have slot machines.

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Brian Mackey / NPR Illinois | 91.9 UIS

This week, a proposal for a state constitutional amendment on voting rights, a proposal for a graduated tax rate, and suggestions for a pension change for the city of Chicago.