Issues: State Pensions

The IIFS believes that the public pension systems of Illinois must be sustainably funded and well-managed. As part of the Federation, the IIFS builds upon the Federation’s national reputation for expertise in pension funding and reform. Read our analyses, opinions, and recommendations for the reform of the State of Illinois public pension system here.

Recent Research

  • 05.01.12

    State of Illinois FY2013 Recommended Operating and Capital Budgets: Analysis and Recommendations

    The Civic Federation supports Governor Pat Quinn’s $57.4 billion FY2013 recommended operating budget, because it acknowledges the depth of the State’s financial problems and would put Illinois finances on the road to recovery with major structural reforms to the State’s Medicaid program and pension systems.

  • 01.30.12

    State of Illinois FY2013 Budget Roadmap: Budget Overview, Projections and Recommendations for the Governor and the Illinois General Assembly

    Prior to the release of the Governor’s annual budget recommendation the Institute for Illinois’ Fiscal Sustainability at the Civic Federation releases an analysis of the State of Illinois’ fiscal condition. The FY2013 Roadmap includes a review of Governor Quinn’s three-year budget plan, a rough five-year budget projection for FY2013 to FY2017 and recommendations for the Governor and General Assembly to improve the state’s financial condition.

  • 01.30.12

    Illinois Faces Financial Disaster; Urgent Need for Medicaid and Pension Reforms

    (CHICAGO) The Civic Federation’s Illinois research institute warns that Illinois could face an unprecedented $34.8 billion backlog of unpaid bills if action is not taken immediately by the Governor and General Assembly to stabilize the State’s finances in FY2013 and beyond. The Federation’s new FY2013 Budget Roadmap analyzes the state’s current fiscal position, reviews Governor Quinn’s three-year budget plan, presents a rough five-year budget projection for FY2013 to FY2017 and provides recommendations to improve the state’s financial condition. The full 53-page report is available at www.civicfed.org/iifs.