Government employee unions gathered in Springfield earlier this year for a day of action in support of changing “Tier 2,” the state of Illinois retirement benefit for workers hired on or after Jan. 1, ...
CHICAGO -- Illinois, with its reputation for political wheeling and dealing, backroom handshakes and 11th-hour bargains, is dragging its feet on the one deal needed to solve its biggest crisis in a ...
SPRINGFIELD — Public employees hired since 2011 must continue to wait for pension reform after Illinois lawmakers declined to take up the issue during the spring session. Lawmakers and labor unions ...
With pension reform possibly within reach, there’s a Goldilocks problem for the state lawmakers setting plans to tackle Illinois’ worst-in-the-nation pension problem. Some fixes would be too small; ...
SPRINGFIELD, Ill. — Mayors across Illinois are demanding that state lawmakers address serious shortfalls in local police and fire pension funds. The effort comes after the Illinois Legislature dealt ...
A new report says Illinois has the highest per-capita unfunded state and local pension liabilities in the nation, 50% higher ...
Illinois' underwater pension problem is such old news that one almost hesitates to bring it up anymore. Like climate change or gripes about the White Sox, the very mention of the subject stirs the ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Your editorial "Pension purgatory" (Dec. 3) has two main problems. First, as regards the constitutional challenge, you say that ...