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Illinois Pension Plan

Report: State's Budget Gap Will Grow Despite Pension Overhaul

Reuters | Posted 03.24.2014 | Chicago

CHICAGO, Jan 21 (Reuters) - A reform package passed late last year will make improvements to Illinois' woefully underfunded public pension system, b...

Union Leaders Bash Illinois Pension Deal As Details Emerge

Reuters | Posted 01.30.2014 | Chicago

By Tom Polansek CHICAGO, Nov 29 (Reuters) - Illinois union leaders on Friday criticized the details of a controversial deal to reform ...

Pension Showdown Ahead As Senate OKs Union-Backed Plan

Reuters | Posted 07.09.2013 | Chicago

SPRINGFIELD, Ill., May 9 (Reuters) - The Illinois Senate on Thursday passed a labor union-backed bill to reduce the state's nearly $100 billion unfu...

Illinois House Votes Down Madigan's Pension Reform Plan

Reuters | Posted 05.01.2013 | Chicago

By Joanne von Alroth SPRINGFIELD, Ill., Feb 28 (Reuters) - The Illinois House of Representatives on Thursday dealt a setback to effort...