Illinois pension system

More than half of Illinois’ largest cities have severely underfunded pension funds, according to a new report from libertarian-leaning group Wirepoints.

Illinois Governor J.B. Pritzker approved a plan Wednesday to pool the pension funds of nearly 650 downstate police and fire departments.

Gov. J.B. Pritzker has proposed changes to the state's pension systems. He says this could help cover other pressing areas, like education, healthcare...

A program designed to curb Illinois’ pension debt is now underway. Early numbers show more Illinois state employees than expected are choosing to take a...

One of the biggest changes Gov. Bruce Rauner proposed in today's budget address is making local school districts bear the costs of teacher pensions.

Between a new state pension plan and Governor Bruce Rauner's amendatory veto of the Democrats' school funding plan, some school districts would be in for…

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

The Illinois Supreme Court is taking on another pension case, six months after justices unanimously tossed out the state's landmark pension law. Tuesday...

Illinois might not be done with the 2013 law reducing state employees’ pensions. Attorney General Lisa Madigan appears to be preparing an appeal to the…

It took legislators years of talking about Illinois' pension problem before they did much about it. There was a 2011 law that affects state employees,...