Illinois pension crisis

IL Colleges to Pay for Employees' Pensions

Amanda Vinicky — Fri, 17 May 2013 13:23:52 +0000

Although they're facing budget cuts, universities and community colleges have said they're willing to begin taking on employees' pension costs.

Sen. Sullivan on Pension Reform Bills

Scott Stuntz — Wed, 08 May 2013 20:50:49 +0000

A state lawmaker from Western Illinois says the Senate version of pension reform can make it through both chambers of the general assembly.

Pension Overhaul Passes Illinois House

Brian Mackey — Thu, 02 May 2013 22:35:06 +0000

The Illinois House of Representatives has approved a massive overhaul of state pensions.

It's the first time the House has passed such a plan after more than a year of negotiating and many failed attempts.

Proposals and Polls about Pension Reform

Bill Knight — Wed, 20 Mar 2013 16:04:54 +0000

Most Illinois House members recently backed a measure to limit the salary on which public employees’ retirement benefits could be based. One of a few proposals to address the state’s $96 billion pension shortfall, it was seen as a test vote as lawmakers grapple with some way to make good on years of the legislature failing to make its payments.

Illinois Pension Reform Plans Go Nowhere Fast

Brian Mackey — Fri, 01 Mar 2013 00:48:58 +0000

It was billed as a "day of pensions" in the Illinois House. But it turned into about a half-hour's worth as Illinois lawmakers continue having a hard time confronting the state's $100 billion problem.

There were four proposals reviewed on February 28, each more harsh than what's been discussed in other pension overhauls.

The Roots of the Illinois Pension Crisis

Bill Knight — Wed, 05 Sep 2012 16:51:37 +0000

Most Illinoisans seem torn between anger about state pensioners supposedly getting rich off taxpayers, and concern about state-worker neighbors caught between incompetent lawmakers and greedy credit agencies in cahoots with big banks. The real debate should be one timid types in Springfield (or Washington) avoid: What do citizens want government to do and how will it be funded?