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Illinois Pension Reform

My Top Quotes in Illinois

Madison Bondi | Posted 07.23.2013 | Chicago
Madison Bondi

The subject of political corruption is nothing new to Illinois, but the recent accusations of patronage against House Speaker Michael Madigan made by ...

Flat income tax? Progressive tax? No state income tax? A nationwide overview

Reboot Illinois | Posted 09.18.2013 | Chicago
Reboot Illinois

The 1970 Illinois constitution states that Illinois' state income tax must be applied with one rate paid by all taxpayers. Illinois is one of nine st...

My Top Quotes in Illinois

Madison Bondi | Posted 09.16.2013 | Chicago
Madison Bondi

Last week Governor Pat Quinn fulfilled his threat to lawmakers that if they did not come up with a proposed solution to the pension crisis, they will ...

Is The Governor's Move To Freeze Pols' Pay Constitutionall?

Posted 07.11.2013 | Chicago

A day after Illinois Governor Pat Quinn said he would block state lawmakers from being paid in hopes of spurring them into action on pension reform, s...

Lawmakers Miss Governor's Deadline For Action On Pensions

Reuters | Posted 09.09.2013 | Chicago

CHICAGO, July 9 (Reuters) - Illinois lawmakers on Tuesday missed a deadline set by Governor Pat Quinn to enact pension reform, leaving a bipartisan ...

Quinn Has Good Pension News, But He's Not Happy -- Why?

David Ormsby | Posted 09.08.2013 | Chicago
David Ormsby

Apparently the "do nothing" Illinois General Assembly may have done enough to help to turn the long-term tide of the state's underfunded pension systems. Despite the good news, Quinn refused in his statement to embrace his administration's good news.

Want to change the state constitution? It's not easy -

Reboot Illinois | Posted 09.04.2013 | Chicago
Reboot Illinois

Two proposals to amend the Illinois Constitution have received lots of attention this year. One proposes to eliminate the office of lieutenant governo...

Sounding off on pensions, state government

Matthew Dietrich | Posted 09.04.2013 | Chicago
Matthew Dietrich

REBOOTER IN ACTION A friend of a friend recently forwarded us something circulating around the Internet that showed someone educating others about his...

State Pol: Lawmakers Will Miss July 9 Deadline For Pension Fix

Reuters | Posted 09.03.2013 | Chicago

CHICAGO, July 3 (Reuters) - An Illinois legislative committee charged with devising a compromise plan to rein in the state's huge unfunded public pe...

My Top Quotes in Illinois This Week

Madison Bondi | Posted 08.31.2013 | Chicago
Madison Bondi

I took their triumph as a sign of hope for Chicago and the state of Illinois that improvement in an organization, whether it is a hockey team or a government, is possible.

The Bad Pension News Just Keeps Coming..

Reuters | Posted 08.29.2013 | Chicago

CHICAGO, June 27 (Reuters) - While a legislative committee reopened a debate on how to fix Illinois pensions, a panel of municipal analysts said on ...

My Top Quotes in Illinois This Week

Madison Bondi | Posted 08.24.2013 | Chicago
Madison Bondi

Starting with the seemingly-endless battle of pension reform in Springfield, to our crumbling public school systems in Chicago; no one can deny that this week in Illinois was brimming with some pretty intriguing sound bites.

Which Legislators Are Standing With Whom on Pension Reform?

Madeleine Doubek | Posted 08.20.2013 | Chicago
Madeleine Doubek

It's time to face the future and find a solution that saves more money and addresses unsustainable, compounded, 3 percent cost-of-living increases. It's time to truly fix the system.

Gov. Quinn Sets July 9 Deadline For Pension Deal

Reuters | Posted 08.20.2013 | Chicago

By Joanne von Alroth and Karen Pierog SPRINGFIELD, Ill., June 19 (Reuters) - In the first sign of compromise after weeks of political ...

Pension Fix Headed To Rare Legislative Conference Committee

Reuters | Posted 08.19.2013 | Chicago

CHICAGO, June 18 (Reuters) - Seeking to break a weeks-long impasse in efforts to fix the state's woefully underfunded pension system, Illinois will ...

Legislative Leaders Move Farther Apart On Pension Fix Bill

Reuters | Posted 08.13.2013 | Chicago

CHICAGO, June 12 (Reuters) - Just a week before Illinois' legislature is to meet in special session to address the state's $100 billion unfunded pub...

Madigan to Goudie: Eat My Gravel!

Matthew Dietrich | Posted 08.12.2013 | Chicago
Matthew Dietrich

ABC 7 Chicago investigative reporter Chuck Goudie caught up with House Speaker Michael Madigan last week, sort of. Madigan didn't share any thoughts o...

Leaders In Conflict Over Pension Reform After Meeting

Reuters | Posted 08.10.2013 | Chicago

By Karen Pierog CHICAGO, June 10 (Reuters) - The Illinois public pension system, the worst funded among U.S. states, will be tackled w...

Gov. Quinn Calls Special Session On Pension Reform

Chicago Tribune | Posted 06.06.2013 | Chicago

Gov. Pat Quinn today called lawmakers back into special session June 19 to deal with the public employee pension shortfall after another rating agency...

Illinois' Worst-In-The-Nation Credit Rating Downgraded Again

Reuters | Posted 08.06.2013 | Chicago

CHICAGO, June 6 (Reuters) - Illinois' bond rating slid down the credit scale on Thursday to the lowest level in the state's history as Moody's Inves...

Citizens are sounding off, with a vengeance

Reboot Illinois | Posted 08.05.2013 | Chicago
Reboot Illinois

Since legislators ended their spring session Friday night with little significant to show for it other than fracking regulations and the concealed car...

Springfield failure: Who's to blame? IL shrinks on cartoonist Stantis' business map; Rutherford's Mansion plan

Reboot Illinois | Posted 08.03.2013 | Chicago
Reboot Illinois

THE BIG FAIL Who is to blame for last week's epic collapse in the Illinois General Assembly? Certainly there was some ego involved, as the two top Dem...

Credit Concerns Rise After State Legislature's Pension Failure

Reuters | Posted 08.03.2013 | Chicago

By Karen Pierog CHICAGO, June 3 (Reuters) - Illinois' governor and lawmakers this week hope to revive efforts to address the state's p...

Madigan-Backed Pension Reform Bill Trounced In Senate

Reuters | Posted 07.31.2013 | Chicago

SPRINGFIELD, Ill., May 30 (Reuters) - The Illinois Senate on Thursday overwhelmingly defeated a sweeping reform of the state's sinking public pensio...

Numbers stacking up big for Madigan's pension bill

Reboot Illinois | Posted 07.29.2013 | Chicago
Reboot Illinois

We covered the background of Illinois' budget- and state economy-crushing pension crisis in our last post, but with the Illinois General Assembly scheduled to adjourn at the end of Friday, things are changing quickly.