Standard & Poor's rating services has lowered Illinois' credit rating, blaming the state's pension problems. Read »
Mayor Rahm Emanuel on Monday ordered city pension funds to divest from any companies that manufacture assault weapons. “We cannot support or invest in companies that profit from the proliferation of assault... Read »
A coalition of unions threatens to sue if the General Assembly passes "unconstitutional" pension reform that diminishes members' benefits. Read »
Michael Madigan, John Cullerton retain leadership posts in bodies with veto-proof Democratic majorities. Still, Gov. Pat Quinn has a lot riding on digging the state out of the lowest bond rating in the nation. Read »
The sponsors of a comprehensive pension reform bill that failed to get approval this session have pledged to reintroduce the measure as early as Wednesday afternoon. Read »
The Illinois House adjourned Tuesday afternoon without taking a vote on Gov. Pat Quinn's last-ditch effort to get a pension deal done before the end of the lame duck session. Read »
Gov. Pat Quinn promised to work "all day" to pass a plan before the new legislature is sworn in. Read »
The future of a potential solution to Illinois' mounting pension problem was hazy Tuesday, as House lawmakers entered the final full day of a lame-duck session not knowing whether the plan that seeks more worker... Read »
A scaled-back overhaul addressing Illinois' worst-in-the-nation pension problem is ready for its first test, key House lawmakers said Sunday as they entered the final stretch of the lame-duck session. Read »
Discussions between Gov. Pat Quinn and legislative leaders on Illinois' massive pension crisis have ended without agreement even though at least one major sticking point has been set aside for now. Read »
