Pension Bill on Hold Despite Rauner, Cullerton AgreementRauner announced last month that he's backing a Cullerton plan to give workers a choice in retirement benefits as a way to chip away at Illinois' $111 billion unfunded pension liability.
The Latest: Madigan Says He's Open to New Pension DealHouse Speaker Michael Madigan says he's open to considering a new pension overhaul and is ``anxious'' to see legislation.
Rauner Backs Democrats' Pension Plan With Union MeasureIllinois Gov. Bruce Rauner said Thursday that he would support a top Democrat's proposal to tackle Illinois' pension crisis, as long as it includes a union-weakening provision aimed at collective bargaining.
Illinois' Unfunded Pension Liability Now up to $111 BillionIllinois must pay an additional $291 million into the state pension system over the next fiscal year in order to continue whittling away at its $111 billion unfunded liability, according to a new legislative report.
East St. Louis Sued by Police, Fire Pension FundsCity Manager Alvin Parks Jr. says that East St. Louis is considering seeking a loan to help replenish the funds and its own $5.9 million budget deficit.
Slay: Prop S Money Helped Pay $400 Million Police, Fire PensionsSt. Louis Mayor Francis Slay was on the Mark Reardon show Tuesday to talk about where the money from a 2008 tax revenue went.
500 Illinois State Troopers Missed PaydayA spokesman for the comptroller's office attributed the problem to employees on direct deposit having changed banks recently.
Illinois Justices Overturn State's Landmark 2013 Pension Law Illinois Supreme Court on Friday struck down a 2013 law that sought to fix the nation's worst government-employee pension crisis, a ruling that forces the state to find another way to overcome a massive budget deficit.
Illinois Lawmakers OK Plan to Fix $100B Pension CrisisThe House voted 62-53 in favor of the plan, sending it to Gov. Pat Quinn, who has said he will sign it. The Senate approved the measure 30-24 just minutes earlier.
Illinois Lawmakers Scramble to Digest Pension BillA growing chorus of conservatives made statements in opposition to the proposal they say is being rushed through. A draft of the 325-page legislation was distributed Sunday and Monday.
Illinois Legislators Reach Pension DealAfter more than five months of work, Illinois' legislative leaders announced Wednesday they've reached a deal to help solve the state's $100 billion pension problem, considered the nation's worst.
Illinois Gov Tries to Stop Lawmakers Pay Until Pension Crisis is FixedGov. Pat Quinn said he would use his line-item veto power in a budget bill that's on his desk, also vowing to not accept a salary himself until a compromise has been agreed.