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...
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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...
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...
11.09.18
Illinois’ contributions to its severely underfunded retirement systems are expected to increase significantly in the upcoming budget year, but the numbers could change due to pension buyout plans that have yet to be implemented.
Proposed State contributions to the five pension funds are...
11.08.18
2019 Civic Federation Legislative Priorities The Civic Federation's...
07.05.18
Since Illinois passed its budget for the current fiscal year, many questions have been raised about the...
06.08.18
After three years of political gridlock and missed deadlines, the Illinois General Assembly passed a budget for the coming fiscal year on the last day of its regular spring...
06.04.18
The Illinois General Assembly passed a budget for fiscal year 2019 on May 31, 2018 and Governor Rauner signed it into law on June 4, 2018. The Institute for Illinois' Fiscal Sustainability has...
05.09.18
Click here to read the full report.
The Civic Federation’s...
02.09.18
Click here to read the full report.
Prior to the release of the Governor’s annual...