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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 an hour of listening to actuaries explain why the teacher pension fund isn’t earning as much off its investments as it used to, TRS board member Andrew Hirshman tried explaining it using medical terms instead of math.

Flickr user Pictures of Money / "Money" (CC BY 2.0)

Illinois Gov. Bruce Rauner has signed legislation requiring insurance companies to locate beneficiaries of unclaimed life insurance policies and pay them money they're owed.

The Republican said Friday the state also is launching a website to help Illinois residents find out if they are a beneficiary of an insurance policy or annuity left by someone who died.

Democratic Treasurer Michael Frerichs says his office has identified more than $550 million in unpaid benefits owed to Illinois residents.

Steve Johnson / Flickr/Creative Commons

Officials say they will replace water fountains and pipes used for drinking water for preschoolers and kindergartners in Waukegan School District 60 after high lead levels were found.

The Lake County News-Sun reports that the decision came after a study initially found 10 percent of the district's water sources had lead levels greater than 15 parts per billion, which is the action level set by the U.S.

Environmental Protection Agency for drinking water. All water sources at the action level will be removed or replaced regardless of location.

Flickr user / kristin_a (Meringue Bake Shop) "Vote!" (CC BY 2.0)

A federal judge sided with an independent candidate for Congress in Illinois who wants to be on the November ballot despite failing to meet the signature threshold required by law.

U.S. District Court Judge Sue Myerscough granted a request Thursday from David Gill to block Illinois election officials from enforcing the state's signature requirements.

Gill wants to run for the 13th District seat currently held by Republican Rep. Rodney Davis.

Facebook: Dekalb County Sheriff's Office, Illinois

Police recovered a missing car in connection with the case of a Sycamore double murder.

 

Chicago police found the Chevy Impala near Lincoln Park Zoo this week.

 

The car was taken from the home of Patricia and Robert Wilson. The mother and son were found dead Aug. 15 in rural Sycamore. The two appeared to have died from blunt force trauma.

 

Police say the car may have been parked near the zoo for several days. It was returned to DeKalb County.

 

Potential evidence has been sent to the State Crime Lab.

 

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