Pensions

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Civic Federation's State Pension Dashboard

The Civic Federation's State Pension Dashboard is intended for use as a resource and educational tool to increase the accessibility of Illinois state pension fund data. The dashboard reports metrics for the five state-funded retirement…

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GOMB Report Projects Pressure on Illinois’ Budget Amid Federal Policy Changes

By Lily Padula Each fall, the Governor’s Office of Management and Budget (GOMB) issues its…

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Local Pension Dashboard

The Civic Federation’s Local Pension Dashboard is intended for use as a resource and educational tool to increase the accessibility of local pension fund data. The dashboard reports metrics for the ten major local pension funds within the…

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Civic leaders: Gov. JB Pritzker should veto bitter pension sweetener for Chicago

Published originally in Chicago Tribune on Wednesday, July 16, 2025.In the waning hours of the state legislative session, Springfield…

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How Chicago Public Schools' Pensions Work: An Explainer

By Daniel Vesecky The Chicago Public Schools District (CPS, or the ‘District’) has over 45,000 employees, all of whom are guaranteed a pension after retirement if they…

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Pension change boon to Chicago police officers, firefighters, but additional hit to taxpayers

by A.D. Quig, Olivia Olander, and Jeremy…

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A Joint Appeal for Transparency and Prudence on Pension Reform

Dear Governor Pritzker, President Harmon, Speaker Welch, Leader Curran, and Leader McCombie:As we enter the final days of session, our collection of civic organizations is concerned about a final push for pension legislation that could…

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How Illinois' Spending Compares to Other States: The Tension Between Pensions vs. Public Services

By Lily PadulaA comparative analysis of state expenditures finds that Illinois allocates a larger portion of its operational expenditures to pension obligations than most peer states. Illinois’ annual expenditures on state-level public…

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Commentary

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Financial Landscape Analysis of the Chicago Public School District: FY2025

January 2026 update: This landscape report remains a largely accurate picture of the challenges facing the Chicago Public School District. However, for the most updated data and numbers, please see…