Illinois pension reform

Big Issues Remain Unresolved
3:35 pm
Sun May 13, 2012

Crunch Time for Illinois Lawmakers

The Illinois Capitol building

Illinois lawmakers are heading into the home stretch of their 2012 session. But they still need to approve a budget before they can adjourn.

They've been working for months to try figuring out how  they can cut two of the state's biggest expenses:  pensions  and Medicaid.

Some lawmakers are not pleased with the pace.

"Well, why would you be concerned? We've got two and a half weeks left.  We've got all the time in the world to fix our problems here in the state of Illinois,” remarked Representative Joe Lyons (D-Chicago).

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Looking for Cost Savings
6:33 pm
Wed May 9, 2012

Illinois House Votes to Eliminate Perk for Retirees

The Illinois Capitol building

Longtime state employees in Illinois would no longer be able get free health insurance  when they retire under legislation (SB 1313) approved by the Illinois House on May 9.

The  vote is part of a push to cut pension benefits for government retirees.  The governor, House speaker and other politicians want to save money  by cutting pensions, health care and other costs.

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Tough choices
4:16 pm
Wed February 22, 2012

State Faces Hard Choices for Budget Reform

In his budget address, Governor Pat Quinn, said three-quarters of Illinois'  pension burden is for people who don't work for the state. It covers some of the pension costs for teachers and others who are employees of local government bodies.

State Senator John Sullivan (D-47)  said the state must bring all the stakeholders to the negotiating table to find a long-term solution to funding pensions.

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