In 2011 the Civic Federation blog provided weekly context, information and perspective on government budgets and fiscal issues across Illinois. Posts in 2011 focused on FY2012 local government budget analysis and the severe…
In 2011 the IIFS blog provided weekly context, information and perspective on key fiscal issues in the State of Illinois. Posts in 2011 focused on analysis of FY2012 Illinois budget negotiations, analysis of the ongoing Illinois pension…
In his blog post, Greg Hinz discusses the Civic Federation’s analysis of the Chicago Park District’s FY2012 budget…
In the past two years, nine states have passed laws to reduce automatic annual increases in pension benefits for current retirees. The latest example is Rhode Island…
In this latest entry in a blog post series on local government pension funds, the Civic Federation analyzes the Metropolitan Water Reclamation District of Greater Chicago’s pension fund. The MWRD is the only sanitary district in Illinois…
This Tribune Watchdog report examines the Illinois pension crisis. The unfunded liabilities of the State’s pension plans have steadily increased for decades and currently total over $85 million. The Civic Federation comments on the…
This WGN special report highlights several examples of pension abuse in Illinois. Civic Federation President Laurence Msall is interviewed for the segment, saying the pension system has been manipulated to benefit a few people at the cost…
Last week marked the end of the budget season for the nine local governments monitored by the Civic Federation. These governments include: the City Colleges of Chicago, Chicago Public Schools, DuPage County, City of Chicago, Cook…
This week marks the end of the Civic Federation's fiscal year 2012 local government budget analysis season. The nine local governments monitored by the Civic Federation include: City Colleges of Chicago, Chicago Public Schools, DuPage…
One of the greatest challenges facing the State of Illinois as it struggles to balance its annual operating budget is the continued growth in pension-related costs. As…
