12.04.19
A recent report shows that Illinois’ statutorily required contributions to its five pension funds are expected to total $9.8 billion in the upcoming fiscal year. How much of the State’s budget will be...
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11.08.19
For more than a decade, the Civic Federation has strongly supported consolidation of hundreds of police and fire department pension funds across Illinois to improve...
11.07.19
2020 Civic Federation Legislative Priorities The Civic Federation...
07.18.19
A new pension buyout plan designed to save hundreds of millions of dollars for the State of Illinois in the fiscal year that just ended actually generated relatively minor savings in FY2019 and does not appear likely to...
05.16.19
05.09.19
Following an unexpected influx of income tax revenues in April 2019, Illinois Governor J.B. Pritzker has dropped a controversial proposal to delay funding for the State’s financially troubled pension funds.
The pension holiday, proposed in the...
02.27.19
The following is an infographic-style primer intended to concisely and accessibly present the most important information and data on the Illinois pension crisis. The series explores the history...
01.11.19
A new study by a state commission in Pennsylvania compares the investment expenses paid by large public pension funds. Although such comparisons are difficult because of vast reporting...