December 3, 2013 By: Rick Lyman SPRINGFIELD, IL – The Illinois legislature on Tuesday ended a day of emotional debate and fierce back-room arm-twisting by passing a deal to shore up the state’s debt-engulfed pension system by trimming retiree benefits …
October 19, 2013 By: Ray Long SPRINGFIELD - Despite repeated dire warnings about Illinois’ public employee retirement debt, a deal to change pensions remains elusive as the General Assembly reconvenes this week with political considerations taking an upper hand over policy. …
October 13, 2013 By: Kerry Lester, The Associated Press SPRINGFIELD - Four Republicans want a pension crisis fix to be more far-reaching. One of six Democrats wants more concessions to unions. With the Illinois Legislature’s fall veto session a week away, …
Rep. Nekritz says panel has agreed on framework for reducing the debt of Illinois’ public worker system. September 29, 2013 By: Rick Pearson A key member of a legislative panel charged with finding a way to fill Illinois’ worst-in-the-nation unfunded …
October 15, 2013 Senate President John Cullerton says the state legislature may vote on pension legislation in the fall session regardless of whether the conference committee presents a reform plan. Cullerton told the Associated Press that the general assembly could …