Illinois pension reform

Bill Knight – October 31
6:12 pm
Wed October 30, 2013

Public Pensions & Corporate Subsidies

Bill Knight

Pension foes have shifted public attention to accounting so retiree benefits might be shifted to protect or expand corporate subsidies, like the $24 million that Archer Daniels Midland demands from the state of Illinois, according to a new report. It says the anti-pension campaign blames state or local budget problems exclusively on public pensions – pensions that were underfunded by legislatures for years so the money could be spent elsewhere, such as on corporate subsidies or politically popular tax cuts.

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$100 Billion in Liabilities
11:28 am
Thu September 26, 2013

Still Waiting for Illinois Pension Report

The Illinois Capitol building

State Representative Elaine Nekritz (D-Northbrook) is careful these days when she talks about the status of pension deliberations.

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$100 Billion Unfunded Liability
11:31 am
Fri August 23, 2013

Illinois Pension Committee Still at Work

Credit Rich Egger

A bi-partisan panel of ten Illinois lawmakers has been working this summer to find a solution to the state’s pension problem.

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No Details Released
9:52 am
Thu August 15, 2013

Pension Committee Reports Progress

The Illinois Capitol building

Members of a bipartisan legislative committee in Illinois remain optimistic they'll eventually agree on how to address the state’s $100 billion pension problem.

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Labor-Backed Research
5:37 pm
Wed August 14, 2013

Study: Pension Reform Proposal Flawed

Credit Rich Egger

The authors of a new study say a proposal to fix Illinois' nearly $100 billion pension shortfall would undermine the retirement security of government employees

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Governor vs Legislative Leaders
3:54 pm
Tue July 30, 2013

Lawsuit Filed Over Paycheck Veto

Illinois House Speaker Michael Madigan

The leaders of the Illinois House and Senate have filed a lawsuit over Governor Pat Quinn’s veto of legislative salaries.

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Also Against Pension Cuts
6:26 am
Fri July 19, 2013

Western UPI Chapter Sends Letter Opposing Cost Shift

Sherman Hall at WIU
Credit Rich Egger

A public employee union in Illinois is criticizing several university presidents for backing a pension reform plan that includes cuts to benefits and a proposal to shift costs to university employees.

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Quinn Uses Veto Power
4:06 pm
Wed July 10, 2013

Illinois Governor Stops Lawmaker Pay

Governor Pat Quinn

Illinois lawmakers have repeatedly missed Governor Pat Quinn's deadlines for fixing the state’s pension systems, so he is using his veto power to prevent legislators from getting paid.

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Ongoing Saga
5:56 pm
Wed July 3, 2013

Illinois Pension Committee Will Miss Deadline

A rare bipartisan committee comprised of equal members of the Illinois House and Senate met for the second time in Chicago to discuss possible solutions to Illinois' underfunded pension systems.
Credit Amanda Vinicky/Illinois Public Radio

The leader of a special legislative panel formed to come up with a solution to Illinois’ pension crisis said there's no way to meet the governor’s July 9 deadline.

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July 9 Deadline
6:38 pm
Thu June 27, 2013

Pension Committee Gets to Work

Governor Pat Quinn
Credit Rich Egger

Illinois Governor Pat Quinn had harsh words for the pension conference committee that met in Chicago Thursday.

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