| Jan 28, 2014
| 5:40 PM
SPRINGFIELD — Illinois’ largest government employee unions sued Tuesday to overturn Illinois’ new pension law, ripping the long sought, landmark money-saving changes as outright “theft” from workers that won’t pass a...
| Jan 27, 2014
| 9:50 AM
SPRINGFIELD — New calculations show the state will save about $15 billion less than initially projected from the controversial major government worker pension overhaul that lawmakers and Democratic Gov. Pat Quinn approved last month.
| Jan 11, 2014
| 1:00 PM
Illinois Senate President John Cullerton said Saturday he will not seek interest payments lawmakers are due for going without pay for two months last summer, a shift from earlier comments by a spokeswoman who had indicated the Democratic leader would work...
| Dec 4, 2013
— Illinois lawmakers narrowly approved a historic, sweeping overhaul of government worker pension systems Tuesday, overcoming years of political and philosophical differences in an attempt to address one of the state's most pressing financial...
| Oct 6, 2013
| 7:51 PM
State Sen. Bill Brady, a candidate for the Republican nomination for governor, said voters have grown weary of Democratic Gov. Pat Quinn's populist actions and want a leader who will "deal with reality."
Brady, a Bloomington Republican who lost the 2010...
| Sep 30, 2013
| 4:54 AM
A key member of a legislative panel charged with finding a way to fill Illinois' worst-in-the-nation unfunded pension liability said Sunday that she believes it is "very likely" a plan to change state retirement benefits could be agreed upon to present to...
| Sep 26, 2013
| 6:35 PM
Dealt a loss in his attempt to wipe out lawmakers' paychecks, Democratic Gov. Pat Quinn will try to put the ruling on ice Friday as he attempts to kick up to the Illinois Supreme Court the legal question of whether his move was constitutional.
| Sep 22, 2013
| 4:14 PM
Illinois' crushing public pension crisis has been literally decades in the making, but the present stalemate in Springfield over how to resolve it can be traced in great measure to a single point in time: July 21, 1970.
Richard Nixon was president,...
| Jun 19, 2013
| 2:44 PM
SPRINGFIELD --- The General Assembly is in special session today to form a conference committee of lawmakers who will try to come up with a way to break a stalemate on government worker pension reform.
The Senate got the ball rolling by voting 45-11 not...
| May 31, 2013
| 7:46 PM
SPRINGFIELD --- A plan to allow Mayor Rahm Emanuel to skip a large chunk of Chicago Public Schools pension payments for two years failed today after Gov. Pat Quinn vowed to veto it unless lawmakers also approve comprehensive government worker pension....
| May 29, 2013
| 5:08 AM
SPRINGFIELD — New estimates released Tuesday indicate House Speaker Michael Madigan’s pension reform proposal would save more money over the next three decades than had been expected.
Number crunchers turned in a final review that showed...