Pensions

The vote, in response to contributions to the Amendment 6 campaign by pension funds for prosecutors and sheriffs, will be followed by legislation to ban donations from any state operated retirement fund.

East St. Louis' attorneys are asking the court for a permanent injunction that would block the Illinois comptroller’s office from intercepting state funds to instead support police pensions.

The governor is pushing his proposal as some teacher unions are amping up pressure on lawmakers to "undo" a 2011-era pension law they allege runs afoul of federal retirement law.

The Illinois Supreme Court unanimously ruled that members’ voting power isn’t a "benefit" protected by the constitution.

Fire and police pensioners in Illinois' municipalities challenged a 2019 law that consolidated 649 funds for higher returns, claiming the change actually hurts retirees voting power.

Missouri State Treasurer Vivek Malek contends economic headwinds, political actions of Chinese government make the country a bad investment.

Aldermen made major changes to the pension systems for St. Louis firefighters in 2012 to cut costs. They included setting an age requirement of 55 to receive full retirement benefits, regardless of years of service. A proposal would adjust that.

A Canadian fund management has pushed back among lawmakers as legal costs rise for Missouri retirement fund.

Illinois has paid out millions in pension payments to ex-lawmakers who have admitted criminal wrongdoing or are awaiting trial.

St. Louis County elected officials and employees who are found guilty of corruption will not be able to collect their pensions. The County Council voted…