Illinois pension reform

Special Panel Done
6:01 pm
Mon November 11, 2013

Legislative Leaders Now Handling Pension Reform

Credit Rich Egger

The four leaders of Illinois' General Assembly have crafted a new plan for changing the state's retirement systems.

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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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