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 ...

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

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 ...

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

The 1,700-member class will receive $10 million in increased benefits, and attorneys representing the retirees will receive ...

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 ...