Tagged: pensions

It appears Illinois lawmakers will wait until early next year to deal with the state’s pension crisis. That was the message from one of the state's top Democrats. 

Governor Pat Quinn is expected to start a campaign to boost support for changes to Illinois' pension systems.  During last week's special session, lawmakers failed to approve a plan that would address the state’s massively underfunded retirement systems.

Gov. Pat Quinn issued a statement Friday evening regarding the General Assembly's inaction on comprehensive public pension reform.

More Illinois government employees are taking the leap into retirement, apparently hoping to lock in their benefits before state officials agree on a plan to cut pensions.