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20% investment returns drive major reduction in unfunded liabilities
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A legislative committee began four days of hearings on Thursday to examine whether public investment funds in Illinois are complying with state…
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Illinois Governor J.B. Pritzker approved a plan Wednesday to pool the pension funds of nearly 650 downstate police and fire departments.
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State lawmakers are now formally considering legislation to pool the resources of nearly 650 local Illinois police and fire department pension funds.
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Illinois Gov. J.B. Pritzker is rejecting a push to take on Chicago’s pension debt. But local pension costs are a growing problem across the state.
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Who should pay pension costs for Illinois teachers and school administrators? Currently, the state bears virtually all the cost, leaving the state’s 852...
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An unexpected tax-revenue windfall has so bolstered Illinois finances that Gov. J.B. Pritzker has nixed a plan to reduce pension-payment obligations next…
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Authorities are investigating an anonymous letter threatening the lives of anyone in line to receive state-funded pensions. The letter was mailed to...
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Illinois Governor JB Pritzker delivered his first budget address Wednesday in Springfield.The governor reiterated his desire to lead the charge to enact a…