News that Illinois legislative leaders have struck a pension deal has sent those wanting radical restructuring of the state’s pension system into overdrive. Read »
A $338.7 million budget deficit is a lot of money. But it’s nothing compared to the nearly $1 billion and more that’s coming down the pike starting in 2015. Read »
Gov. Pat Quinn on Thursday called a special legislative session to focus on a solution to fix Illinois' nearly $100 billion pension shortfall. The move comes after Moody's downgraded the state's credit rating... Read »
Four-year contract includes 9 percent pay increase and retiree health care. Read »
Gov. Pat Quinn says the pension crisis is Illinois' own fiscal cliff. He's set a Jan. 9 deadline to overhaul the pension system, which is underfunded by an estimated $96 billion. On that day, new lawmakers will... Read »
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