Illinois Pension Funding

State Budget Shortfall Pegged At $12.8 Billion

Progress Illinois | Angela Caputo | Posted 11.05.2009 | Chicago


If there's one thing observers of Illinois politics can agree on, it's that next year's state budget deficit is going to be extraordinary. Not only ar...

Almost 4,000 Retired State Employees Draw Pensions Over $100,000

Chicago Sun-Times | TIM NOVAK, ART GOLAB AND CHRIS FUSCO | Posted 11.11.2009 | Chicago


Nearly 4,000 retired government workers have pensions that pay them at least $100,000 a year....

Quinn: Reduce Pension Benefits Of New State Employees

Associated Press | Posted 04.10.2009 | Chicago


Gov. Pat Quinn says Illinois should offer new state employees fewer pension benefits to save money. Quinn told reporters in Springfield on Tuesday th...

Giannoulias: Pension Proposal Worth Springfield Fight

The State-Journal Register | Ryan Keith | Posted 01.03.2009 | Chicago


State Treasurer Alexi Giannoulias promises a huge upside for the state and its employees with his plan to streamline how state government invests its ...

Illinois Pensions Underfunded By Up To $50B: Watchdog

Chicago Public Radio | Adriene Hill | Posted 12.25.2008 | Chicago


Illinois' unfunded pension liability may be as high as 50 Billion dollars. That's according to the head of a local budget watchdog group. The financi...