A labor union is demanding the resignation of the head of Illinois' teacher pension system. The union doesn't like what he's been saying about the future of teachers' retirement benefits. Richard Ingram says in order to solve the long-term funding problems of the Teachers' Retirement System, the state has to consider reducing automatic cost-of-living increases for retirees.
Governor Pat Quinn initially said a campaign dealing with public employee pensions would begin in August. Illinois owes $83 billion more in pensions than there is money available. That debt has prompted widespread calls for cuts to state employees' and teachers' benefits.
A key Illinois lawmaker says it still appears the state will partner with the federal government on a health insurance exchange. But Democratic Representative Frank Mautino of Spring Valley says the goal is to make it a one-year partnership. Under the nation's health-care law, states can either run their own exchange, or get assistance from Washington. The exchanges are required to be up and running by 2014.
It appears Democratic leaders in Springfield will seek legislative approval for a Medicaid expansion under the nation's health care law. But a northern Illinois Republican says GOP lawmakers will put up a fight.
A two-day horse auction in Dixon has netted nearly five million dollars, according to a U.S. Marshals Service representative. More than 300 of Rita Crundwell’s horses were sold Sunday and Monday. The former Dixon comptroller is accused of stealing more than 53-million dollars from the city. WNIJ’s Susan Stephens has more from Monday’s auction at Crundwell’s horse farm.
Nearly two years after President Barack Obama ordered 33,000 more U.S. troops to Afghanistan to tamp down the escalating Taliban violence, the last of those surge troops have left the country, U.S. Defense Secretary Leon Panetta said Friday in Auckland, New Zealand.
Panetta said the "surge did accomplish it objectives of reversing the Taliban momentum on the battlefield and dramatically increase the size and capability of the Afghan national security forces."