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Lawmakers haven't touched state pension benefits since the Illinois Supreme Court ruled their previous attempt unconstitutional. That was nearly a…
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Gov. Bruce Rauner has vetoed a plan to reduce Chicago's payments to its police and fire pension funds for each of the next five years.He says it's the…
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Justices had some harsh words Thursday for city officials in a ruling.For years, the City of Chicago skipped putting money into pension funds. And now,…
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The city of Chicago is borrowing $220 million to show it has enough money for pension payments later this year.The mayor’s office is banking on Illinois…
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Attorneys for the City of Chicago say city employees will be worse off if Supreme Court justices strike down their pension plan.A Cook County judge sided…
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Illinois Governor Pat Quinn has signed a bill that reduces the retirement benefits of some City of Chicago employees.Quinn signed the controversial…
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A bill to cut retirement benefits for some City of Chicago employees has made its way to the governor’s desk. But it’s not clear whether he will sign…