Pension Benefits

via Wikimedia Commons

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.


Illinois Issues: The Next Pension Time Bomb

Mar 30, 2016

Illinois has more than $100 billion in pension debt. So far, attempts to fix it have been mostly illegal.

State Week logo (capitol dome)
Brian Mackey / NPR Illinois | 91.9 UIS

This week, further discussion of the circuit court ruling on the unconstitutionality of Illinois' pension legislation, as well as more on the fall veto session.

State Week logo (capitol dome)
Brian Mackey / NPR Illinois | 91.9 UIS

The Sangamon County Circuit Court rules last year’s pension legislation unconstitutional.  Bruce Rauner is busy making preparations to move into the Governor’s Mansion.  And Frerichs beats Cross in a very close Treasurer’s race.

Charles N. Wheeler III
WUIS/Illinois Issues

While the fat lady may not yet have sung for the new law slashing pension benefits for public workers, she certainly seems to be warming up in the wings, courtesy of the Illinois Supreme Court.

Health and retirement benefits once provided a lifetime link between employers and employees. But as responsibility for these assumed entitlements has shifted from boss to worker, that connection has changed, too.