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Money will likely be tight for politicians crafting Illinois’ next budget, despite a pension law that's supposed to save $160 billion.Democratic House…
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Two more groups of retired Illinois state employees have filed lawsuits challenging a new plan to eliminate the state's $100 billion public pension…
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It took just a little more than a week for a pension overhaul in Illinois to go from an agreement between legislative leaders to law.The agreement was…
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The Illinois General Assembly has approved sweeping changes to pensions for state employees and Governor Pat Quinn said he will sign the…
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The four leaders of Illinois' General Assembly have crafted a new plan for changing the state's retirement systems. Senate Minority Leader Christine…
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Pension foes have shifted public attention to accounting so retiree benefits might be shifted to protect or expand corporate subsidies, like the $24…
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State Representative Elaine Nekritz (D-Northbrook) is careful these days when she talks about the status of pension deliberations.She’s especially careful…
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A bi-partisan panel of ten Illinois lawmakers has been working this summer to find a solution to the state’s pension problem.The system has an unfunded…
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Members of a bipartisan legislative committee in Illinois remain optimistic they'll eventually agree on how to address the state’s $100 billion pension…
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The authors of a new study say a proposal to fix Illinois' nearly $100 billion pension shortfall would undermine the retirement security of government…