Illinois Pensions

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....

3 Weeks As Blagojevich Appointee Adds $40,000 A Year To Pension

Chicago Sun-Times | DAVE MCKINNEY | Posted 04.30.2009 | Chicago


The State Employees Retirement System has signed off on granting former Rep. Kurt Granberg (D-Carlyle) a yearly pension of $113,305. Which is $40,288...

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 Proposes Cost-Cutting State Pension Reform

Chicago Tribune | Monique Garcia | Posted 01.01.2009 | Chicago


Illinois Treasurer Alexi Giannoulias is pushing a plan to pool billions in state pension investments as a way to cut costs and curtail corruption in ...

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...