Illinois pensions

Illinois’s ballooning pension costs coupled with dwindling revenue from professional fees are what’s behind a proposed $1.2 million funding cut for the…

Updated 12:41 p.m.Illinois is settling a federal securities-fraud charge that it misled investors about the health of its pension system.Gov. Pat Quinn's…

Reporting from Illinois Public Radio's Amanda Vinicky.In his annual budget address today, Illinois Governor Pat Quinn laid the blame on the General…

Ill. Governor Pat Quinn will present his budget address in Springfield on Wednesday.The state is reported to have the worst-funded pension system in the…

This article first appeared in the St. Louis Beacon, Jan. 29, 2013 - A firm’s bond rating often reflects future profitability. Bond rating firms, such as…

Reporting from Amanda Vinicky from Illinois Public Radio.A new session of the Illinois General Assembly begins today, when candidates who won in…

Updated 5:30 p.m. Reporting from Illinois Public Radio's Amanda Vinicky and Brian Mackey used in this report.The Illinois House has just adjourned the…

Ill. Gov. Pat Quinn has said repeatedly his top priority is dealing with the state’s pensions - the worst- funded in the country. He’s held countless…

Negotiations for a complete overhaul of Illinois' underfunded pension systems continue. But the president of the state Senate is again pushing a measure…

The Illinois Senate returns to the Capitol on Wednesday to begin a weeklong legislative session that could take up pension reform, legalizing gay marriage…