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Pensions

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Civic Federation 2019 Legislative Priorities

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State of Illinois Pension Contributions to Rise in FY2020, but by how Much?

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Civic Federation Supports Cook County's FY2019 Budget

(CHICAGO) In a report released today, the Civic Federation announced support for Cook County’s proposed FY2019 budget. The $5.9 billion budget proposal is structurally balanced without raising new taxes and continues the practice of making…

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Cook County FY2019 Executive Budget Recommendation: Analysis and Recommendations

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Examining Pension Savings in Illinois’ FY2019 Budget

Since Illinois passed its budget for the current fiscal year, many questions have been raised about the…

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Illinois Passes Budget on Time; Fiscal Challenges Remain

After three years of political gridlock and missed deadlines, the Illinois General Assembly passed a budget for the…

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This Illinois Town Is on the Brink of Bankruptcy. How Many Will Follow?

This article briefly summarizes the ongoing financial struggles in the City of Harvey, which were recently exacerbated when…

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Coverage of FY2019 State of Illinois Operating Budget Analysis

The following news items cover the release of the Institute for Illinois' Fiscal Sustainability at the Civic Federation's analysis of the State of Illinois…

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Every Illinoisan Owes $11,000 for Pensions With No Fix in Sight

This article discusses the state of Illinois’ unfunded pension liabilities on the three-year anniversary of the Illinois Supreme Court’s ruling that the State’s bipartisan attempt at pension reform was unconstitutional. As the article…

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State of Illinois FY2019 Recommended Operating Budget: Analysis and Recommendations

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