-
There's a reason analysts say Illinois has the nation's lowest credit rating. It has the nation's largest unfunded pension liability. A 2013 law that’s...
-
Union members and state employees can expect another pension battle ahead, regardless of what the Illinois Supreme Court says about the the current law...
-
A four-month nationwide search has led to the appointment of the State Universities Retirement System. Bryan Lewis will soon direct the $17 billion...
-
The many years legislators spent crafting a measure to rein in the state's pension costs came to a head yesterday in 52-and-a-half minute hearing before...
-
Some of the main architects of the Illinois law that seeks to save the state money by reducing workers' pensions have begun collecting pensions of their…
-
An Illinois judge has ruled that a law intended to fix the nation's worst-funded state employee pensions violates the state Constitution. Sangamon County…
-
The underfunding of the state's pensions have grabbed headlines the past several years, and finally reached the political tipping point late last year…
-
Legislators passed a law overhauling the state's retirement systems. Soaring pension debt remains a concern. The law's constitutionality is also in...
-
Illinois lawmakers hope to have a second shot at reaching a compromise with public employees over pensions, but the unions are pinning their hopes on the…
-
The Illinois Supreme Court says the free health insurance enjoyed by state retirees is protected by the Illinois Constitution.llinois used to pay the…