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 ...

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

It’s bad news — though unsurprising — that following the passage of Mayor Brandon Johnson’s most recent city budget, S&P ...

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 ...

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

The Segal Group’s study calculates only the impact of the benefit enhancements for the $73 billion Illinois Teachers’ ...

Chicago might have just avoided a property tax hike, but city leaders couldn’t figure out how to pass the 2025 budget without ...

With nearly $214 billion in state and local pension debt threatening both retirees and government finances, Illinois needs a ...

Ratings agency S&P cited structural imbalance in the just-passed 2025 budget, limited options for new revenue down the line, ...