Pensions

Who lives longer: Chicago police or Chicago firefighters?
Jul 20, 2017

Looking at the actuarial reports for their pension plans, it is hard to say. Pension plans est...

Illinois budget post-mortem: What remains, what made it, what didn't make it
Jul 18, 2017

Illinois has a budget after 2 ½ years. While the income tax increase has dominated the news, the...

GOP lawmakers unveil 'compromise' package to end budget impasse
Jun 14, 2017

With just eighteen days left until Illinois begins its third straight fiscal year without a budge...

BGA: Why fat pensions are just a tiny part of Illinois' pension crisis
May 24, 2017

Illinois’ budget mess is the stepchild of Illinois’ pension mess, and for that perhaps nothin...

How did your senator vote on the grand bargain budget bills?
May 17, 2017

The Illinois Senate on Wednesday called a number of bills from the grand bargain budget package f...

Report: Illinois pension system among the nation's worst-funded
Apr 07, 2017

With unfunded liabilities at nearly $130 billion — or $141 billion if going by new accounting s...

Here's the next Illinois episode of "Cut the Crap!"
Apr 03, 2017

Bah-da-buh-bad-da! Helloooo, welcome back, everyone. It’s time for another episode of that Illi...

Illinoisans, let's turn our attention to our political train wreck
Mar 27, 2017

Congratulations, my fellow Illinoisans. You helped derail Trumpcare. Truly, that was citizen a...

What's behind the struggle to fund Chicago Public Schools' teacher pensions?
Mar 15, 2017

(Editor’s Note: This is part of an occasional series delving into the details and possible effe...

Mendoza releases state financial report, slams Rauner for 'lawless fiscal climate'
Mar 07, 2017

Comptroller Susana Mendoza's office on Tuesday released Illinois' comprehensive annual financial...

Gov. Rauner must face reality of perception he caused budget compromise to collapse
Mar 06, 2017

Opinion We’ll probably never know for certain what happened last week after five of the 12 s...

Infographic: Fiscal condition of Illinois pension systems in FY16
Mar 06, 2017

*A plain text version of this infographic can be found at the bottom of this post Dep...

Pension Fund Profiles: A look at Illinois' five pension funds
Mar 05, 2017

Illinois has the worst pension debt in the nation and has for many years now. Last November, gove...

Illinois gambling expansion advances as Senate "grand bargain" votes begin
Feb 28, 2017

A measure to expand Illinois gambling by adding six new casinos and putting video gaming in hors...

Enough about President Trump. Here are 12 reasons to get active about Illinois
Feb 21, 2017

While it seems everyone is activated and either cheering or jeering President Trump, there are pl...


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