This article discusses Cook County Board President Toni Preckwinkle’s request that County officials and workers unions reach consensus within 30 days on a pension reform proposal to submit to the Illinois General Assembly. The Civic…
This article discusses Illinois Governor Pat Quinn’s February 6 State of the State address where he repeated his call for legislators to make pension reform an immediate priority. The Civic Federation said the State’s pension crisis…
(The full content of this article is only avalible to the publication's subscribers.) This article discusses the Illinois legislature’s inaction on the State’s $96 billion unfunded pension liability and examines the health of pension funds…
This article covers the inauguration of the Illinois 98th General Assembly and the ongoing challenges they face, including the State’s critical unfunded pension liability. The Civic Federation said the State’s pension costs continue to…
The 97th Illinois General Assembly’s closing session ended on January 9, 2013, leaving many questions unresolved about the State’s current budget year and fiscal sustainability in the face of its…
(The full content of this article is only available to the publication’s subscribers.) This article discusses a joint statement from several Chicago civic groups…
This blog discusses support from Chicago civic groups for the bipartisan pension reform framework outlined in…
At a press conference January 3, several Chicago civic groups including the Civic Federation urged Illinois legislators to act on pension reform in the final…
A pension reform proposal introduced in the Illinois General Assembly late last year could immediately reduce the State’s required annual contributions by nearly $2 billion, according to recent actuarial reports. As discussed…
