Illinois pension reform

Lawsuit Filed Over Paycheck Veto

Jul 30, 2013

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

Western UPI Chapter Sends Letter Opposing Cost Shift

Jul 19, 2013
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.

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.

Illinois Pension Committee Will Miss Deadline

Jul 3, 2013
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.

Pension Committee Gets to Work

Jun 27, 2013
Rich Egger

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

Tracy Ready to Work on Pensions

Jun 25, 2013
http://jiltracy.com/at-capitol.php

State Representative Jil Tracy (R- Quincy) is calling the pension reform conference committee formed by the Illinois General Assembly's special session "a last ditch effort."

Local Lawmaker on IL Pension Committee

Jun 19, 2013
Rich Egger

State Representative Jil Tracy (R-Quincy) will serve on a committee charged with addressing the state's looming pension liability, which is an estimated $97 billion.

Special Session for Illinois Legislature

Jun 6, 2013

Illinois lawmakers will be back in Springfield on June 19 after Governor Pat Quinn announced a special session of the state legislature Thursday.

The 2013 session of the Illinois General Assembly will more likely be remembered for what was not accomplished than for what was done.

IL Colleges to Pay for Employees' Pensions

May 17, 2013

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

Pension Reform Moves Ahead in Illinois

May 9, 2013

The Illinois Senate has approved an overhaul of the state's pension systems.  

Sen. Sullivan on Pension Reform Bills

May 8, 2013
Rich Egger

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

May 2, 2013

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.

Pension Plan Advancing in Illinois

May 1, 2013

The Illinois House is poised to vote Thursday, May 2, on an overhaul of the state's pension systems.  It would reduce state workers', teachers', and university employees' future retirement benefits.

The plan easily advanced out of a House committee Wednesday, and there is a feeling in the capitol that after countless attempts to reduce the state's pension debt, this might be the plan that does the trick.

Insiders say it's significant that the plan is sponsored by House Speaker Michael Madigan (D-Chicago), who rarely takes action without having support locked up. 

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.

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