Gov. JB Pritzker supports bringing pensions into compliance with federal Social Security laws, but he doesn't support any ...

Nationwide analysis from the Equable Institute reveals Illinois state pensions remain fiscally unstable, underscoring the need for systemic reform.

The Illinois Legislature’s Commission on Government Forecasting and Accountability recently released an analysis of a ...

The Illinois Legislature’s Commission on Government Forecasting and Accountability recently released an analysis of a ...

The most pressing issue facing Illinois is the massive debt owed to our public pension systems; our five state plans are ...

Now, with the possibility of pension reform nowhere in sight, Chicago faces $51 billion in pension debt — a larger number than that of 43 states — and perpetual budget crises. In some ways ...

The Segal Group’s study calculates only the impact of the benefit enhancements for the $73 billion Illinois Teachers’ Retirement System, Springfield; $25.7 billion Illinois State Employees’ Retirement ...

Some state lawmakers and unions want to "sweeten" pension benefits to the point of costing taxpayers $80 billion by 2045, to ...

CHICAGO (WLS) -- At more than $143 billion, Illinois' pension debt is one of the worst in the nation. There is a proposed fix ...

The Illinois legislature’s Commission on Government Forecasting and Accountability recently released an eye-popping actuarial ...

Ratings agency S&P downgraded the city of Chicago’s general obligation ... warning leaders not to abandon a key long-term pension reform or rely too heavily on one-time fixes to plug its budget ...

Reforming Tier 2 pensions could cost the state $30 billion, actuary says “A new Illinois pension reform bill would increase contributions to ...