The State of Illinois currently pays the entire bill for health insurance premiums for 90% of retired state workers. Under Illinois law, retirees with at least 20 years of government service and their survivors do not have to pay any portion of their health insurance premiums. Governor Pat Quinn’s FY2011 budget includes a proposal to save state taxpayers $254.5 million by requiring all retirees to pay part of their premium costs. For some retirees, the new expense would be substantial. Health…
An Analysis of the State’s Fiscal Crisis and Actionable Recommendations for Governor Pat Quinn and the Illinois General Assembly Please visit the Illinois Fiscal Rehabilitation Plan web page for a comprehensive look at the report. This report describes the basis of the State of Illinois’ fiscal crisis and presents the Civic Federation’s plan for rehabilitating the State’s finances. The plan proposes measures to substantially reduce the current budget deficit in FY2011 and to place the State…
Proposes Comprehensive Package to Address State Budget Crisis Please visit the Illinois Fiscal Rehabilitation Plan web page for a comprehensive look at the report. CHICAGO – The Civic Federation, a 116 year-old government research organization, released today its plan to salvage the State of Illinois’ finances. “A Fiscal Rehabilitation Plan for the State of Illinois” calls for a comprehensive package of budget cuts, pension reforms, and revenue increases to put Illinois on solid financial…
The Civic Federation’s Institute for Illinois’ Fiscal Sustainability recently released its examination of the State of Illinois’ enacted FY2010 budget. The analysis shows that the State already faces a two-year budget deficit going into FY2011 totaling at least $12.8 billion but it also revealed that the Governor plans to spend an addition $885 million before the fiscal year ends on June 30. If other revenues are not identified, or cuts made in other areas, this additional spending could…
Since its beginnings in July with the overhaul of the Civic Federation’s website, the IIFS blog has focused mostly on issues related to the Illinois budget, including Medicaid, debt, and the State pension system. These posts expand upon topics discussed in IIFS research publications and events in the news. Discussion about Illinois’ FY2010 budget and how the State was planning to bridge a two-year, $11.6 billion budget gap was the focal point for a number of blog posts. “New Borrowing Worsens…
The Civic Federation's legislative priorities for 2010 include public pension reform, requiring state government to develop and implement performance measurement and a capital improvement plan, the dissolving of the Illinois International Port District, creating a new governing board for the Cook County Forest Preserve District, reinstating means-tested transit discounts for seniors, requiring large counties to produce timely annual audits, enacting tax increment financing reporting reform,…
The State of Illinois’ fiscal crisis has had a major impact on the State’s employee health insurance plan, delaying payments on employee medical bills paid by the State for roughly seven months and causing the State to delay paying premiums to managed care companies for three and a half months. It is taking an average of 209 days for the State’s self-insured health plan to pay its bills, according to an October 23, 2009 letter from the Illinois Department of Healthcare and Family Services (HFS…
The Civic Federation supports the $521.2 million FY2010 DuPage County budget proposal because it maintains funding for core programs while providing property tax relief. The County has additionally improved its budget planning process and increased government transparency. Read the press release for the FY2010 DuPage County budget proposal here.
As part of his efforts to rein in the State of Illinois budget, Governor Pat Quinn is requiring all state retirees to contribute to the costs of their dental insurance as of October 1, 2009. Previously, the State’s contribution for retiree dental premiums ranged from 45% 40%* for retirees with eight years of service up to 100% for those with 20 years or more. Now, all retirees are charged the same monthly premium as active workers--$11 for one retiree, $17 for one retiree and one dependent…
This article, part of an investigatory series about Illinois’ public employee pension crisis, quotes the Civic Federation. The Federation says that part of the problem can be attributed to the changing nature of retirement benefits, which were originally meant to provide economic security for those no longer able to work.
