Pensions

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GOMB Report Projects Pressure on Illinois’ Budget Amid Federal Policy Changes

By Lily Padula Each fall, the Governor’s Office of Management and Budget (GOMB) issues its…

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Local Pension Dashboard

The Civic Federation’s Local Pension Dashboard is intended for use as a resource and educational tool to increase the accessibility of local pension fund data. The dashboard reports metrics for the ten major local pension funds within the…

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Civic leaders: Gov. JB Pritzker should veto bitter pension sweetener for Chicago

Published originally in Chicago Tribune on Wednesday, July 16, 2025.In the waning hours of the state legislative session, Springfield…

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Ahead of Pivotal Budget Season, Civic Federation Releases Reports on Chicago Public Schools Financial Forecast

CHICAGO — As Chicago Public Schools (CPS or the ‘District’) heads into a pivotal budget season under new leadership — and with a newly finalized, cost-increasing contract with the Chicago Teachers Union — the Civic Federation is…

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How Chicago Public Schools' Pensions Work: An Explainer

This report is part of a three-part educational series on what's at stake for CPS in FY2026 and beyond. Click here to view the one-page summary…

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Pension change boon to Chicago police officers, firefighters, but additional hit to taxpayers

by A.D. Quig, Olivia Olander, and Jeremy…

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A Joint Appeal for Transparency and Prudence on Pension Reform

Dear Governor Pritzker, President Harmon, Speaker Welch, Leader Curran, and Leader McCombie:As we enter the final days of session, our collection of civic organizations is concerned about a final push for pension legislation that could…

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How Illinois' Spending Compares to Other States: The Tension Between Pensions vs. Public Services

By Lily PadulaA comparative analysis of state expenditures finds that Illinois allocates a larger portion of its operational expenditures to pension obligations than most peer states. Illinois’ annual expenditures on state-level public…

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Financial Landscape Analysis of the Chicago Public School District: FY2025

Click here to read the full report.