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Michael Madigan Pensions

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...

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...

Sweeping Pension Fix OKed In Narrow House Vote

Reuters | Posted 07.02.2013 | Chicago

By JoAnne von Alroth SPRINGFIELD, Ill., May 2, (Reuters) - The Illinois House of Representatives in a 62 to 51 vote on Thursday passed...

Pension Reform Plans Emerge, Compete In State Legislature

Reuters | Posted 07.02.2013 | Chicago

By Karen Pierog CHICAGO, May 1 (Reuters) - The Illinois Senate president and labor leaders on Wednesday began pushing a new plan to re...

Madigan Pitches Fix For Country's Worst-Funded State Pension System

Reuters | Posted 06.30.2013 | Chicago

By Karen Pierog CHICAGO, April 30 (Reuters) - Illinois House Speaker Michael Madigan on Tuesday proposed a comprehensive plan to fix t...

House Takes Baby Steps To Rein In Public Pension Costs

Reuters | Posted 05.15.2013 | Chicago

SPRINGFIELD, Ill., March 14 (Reuters) - The Illinois House of Representatives continued its piecemeal approach to reforming the state's sagging publ...

State House OKs Pension Payment Cap, Avoids Bigger Reforms

Reuters | Posted 05.08.2013 | Chicago

By Renita Young SPRINGFIELD, Ill., March 7 (Reuters) - The Illinois House of Representatives on Thursday took the first small step of ...