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A northern Illinois Republican said he’s pleased lawmakers were able to come together on a new pension bill.The measure approved by the General Assembly…
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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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A new Illinois law bars newly elected members on county boards within the state from signing up for pensions from the Illinois Municipal Retirement…
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Officials with the Teacher’s Retirement System made a decision today that could add another $421 million to Illinois’ annual pension costs.After more than…
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The massive unfunded Illinois pension obligation has made reducing the state's costs a priority for years.An overhaul of retirement benefits for state…
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Illinois workers get an added bonus once they retire -- they don't have to pay taxes on pension or Social Security checks.It's one possible change the…
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Illinois lawmakers are considering whether to let Governor Bruce Rauner reduce or delay pension payments.The measure would give the governor the power to…
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Springfield may be a desert when it comes to budget deals, but it seemed like there was a small oasis: an agreement between Republican Gov. Bruce Rauner…
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The Illinois Supreme Court has struck down legislation that tried to cut retirement benefits for thousands of state workers. In a unanimous decision, the…
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Gov. Bruce Rauner’s ideas about how to change government-employee pensions are getting extra scrutiny in Springfield.Rauner wants employees to be moved…