municipal pensions

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Brian Mackey / NPR Illinois

Concerns over the Illinois state budget are growing with the increasing impact of the novel coronavirus pandemic on the nation’s economy. 

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Brian Mackey / NPR Illinois

After four decades in the legislature, Senate President John Cullerton announced he'll retire in January. Meanwhile, Chicago Mayor Lori Lightfoot spent a day lobbying in the Capitol, but came away empty handed. And lawmakers approved measures intended to improve the fiscal future of police and fire department pensions.

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Brian Mackey / NPR Illinois

Chicago teachers on are on strike as freshman Mayor Lori Lightfoot makes some big requests of lawmakers in Springfield. Billionaire Gov. J.B. Pritzker releases summaries of his annual tax returs, and uses them to promote a graduated income tax for Illinois. And we take a closer look at the proposed asset consolidation for the hundreds of troubled downstate and surburban local police and fire pension funds.

Amanda Vinicky

Another lawsuit over a pension law was filed this week in Illinois, this time seeking to strike a law that reduced Chicago Park District pensions. That could be significant for other local governments, and future negotiations.

When it first passed, the park district pension law was seen as a possible model for future ones, in part because it had been drafted in cooperation with SEIU, the union representing park district workers.