This article examines the City of Chicago Inspector General’s revelation that unpaid furlough days taken by City employees to help bridge a City budget gap may have also contributed to a shortchanging of the City’s pension systems. The…
This article is about Illinois House Speaker Michael Madigan’s receptiveness to a discussion about reforming Illinois’ pension systems. The Civic Federation says Madigan’s statements are significant and are a positive step toward finding…
This brief about the Civic Federation’s “Status of Local Pension Funding Fiscal Year 2009” report…
This article summarizes findings in the Civic Federation’s “Status of Local Pension Funding Fiscal Year 2009…
This article discusses findings in the Civic Federation’s “Status of Local Pension Funding Fiscal Year 2009…
Civic Federation President Laurence Msall discusses findings in the Federation’s “Status of Local Pension…
(CHICAGO) A Civic Federation report released today found that the funding status of ten major Chicago-area public employee pension funds continued to deteriorate in FY2009. The group’s annual survey of local pension trends found that each…
This report analyzes basic financial data on ten major local government employee pension funds in Cook County. It is intended to provide lawmakers, pension trustees, pension fund members and taxpayers with the information they need to make…
In discussions of the State of Illinois’ budget, no issue is more contentious—or more confusing—than recent spending trends. Simply stated, is Illinois spending more or less than it was two years ago?…
The Institute for Illinois’ Fiscal Sustainability at the Civic Federation recently described how some State of Illinois pension bond proceeds…
