Illinois pension system

State Supreme Court Ruling
1:19 pm
Thu July 3, 2014

Illinois Constitution Protects Retiree Health Insurance

The Illinois Supreme Court says the free health insurance enjoyed by state retirees is protected by the Illinois Constitution.

Read more
Victory for Workers
6:40 pm
Wed May 14, 2014

Legal Setback for Illinois Pension Reform

A judge has blocked the Illinois pension overhaul from taking effect next month.

Read more
TSPR Local
8:56 am
Thu March 27, 2014

Pension Savings Estimate Lowered — But Is It A Big Deal?

Originally published on Thu March 27, 2014 5:03 am

A new report (PDF) says Illinois' pension overhaul will save less money than advertised. Some politicians are trying to make hay out of that. But it might not be such a big deal.

The pension vote came with promises of big savings — $160 billion. Then, after it was already law, a new analysis of the bill said, well, maybe we'll save $145 billion.

This latest report puts savings even lower, at $137 billion.

Read more
Crunching Numbers
12:59 pm
Mon March 10, 2014

Bad Reputation for Illinois is Costly to Taxpayers

Credit Rich Egger

Illinois already has the worst credit rating among states.  While that adds to the cost of borrowing money, Illinois winds up paying even more because investors view it as risky of default.

Read more
No Reductions Allowed
2:13 pm
Fri February 21, 2014

Pension Ruling Could Impact Illinois

A decision Thursday by the Arizona Supreme Court is getting careful attention in Illinois.

Read more

Pages