Illinois pension reform

Victory for Workers
6:40 pm
Wed May 14, 2014

Legal Setback for Illinois Pension Reform

A judge has blocked the Illinois pension overhaul from taking effect next month.

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Illinois Legislature
4:02 pm
Fri May 2, 2014

Motion Filed To Put Pension Law On Hold

Originally published on Fri May 2, 2014 4:54 pm

A court is being asked to prevent any aspect of Illinois' pension overhaul from taking effect, until it's decided whether the law is constitutional. A motion was filed Friday in Sangamon County Court.

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TSPR Local
8:56 am
Thu March 27, 2014

Pension Savings Estimate Lowered — But Is It A Big Deal?

Originally published on Thu March 27, 2014 5:03 am

A new report (PDF) says Illinois' pension overhaul will save less money than advertised. Some politicians are trying to make hay out of that. But it might not be such a big deal.

The pension vote came with promises of big savings — $160 billion. Then, after it was already law, a new analysis of the bill said, well, maybe we'll save $145 billion.

This latest report puts savings even lower, at $137 billion.

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Crunching Numbers
12:59 pm
Mon March 10, 2014

Bad Reputation for Illinois is Costly to Taxpayers

Credit Rich Egger

Illinois already has the worst credit rating among states.  While that adds to the cost of borrowing money, Illinois winds up paying even more because investors view it as risky of default.

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Lawsuit Filed by Labor Unions
1:01 pm
Tue January 28, 2014

Court Challenge to Illinois Pension Reform

Illinois labor unions have filed a lawsuit seeking a new plan to reduce the state's $100 billion pension shortfall declared unconstitutional.

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