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Illinois Pension Reform Latest News

Posted by: | Mon, 22 Feb 2016 11:39:09 GMT | View Comments

 teachers in the rest of Illinois were targeted a few short weeks ago

Governor rauner calls on general assembly to vote on constitutional amendment for term limits in fall veto session, Remarks as prepared for delivery: over the past two years, the people of illinois, democrats and republicans alike, have demanded reform. in 2014 the entrenched we ended up with a $100 billion unfunded pension liability. even with our massive tax.

Still no budget in illinois, but pension reform deal in the works, The illinois supreme court last year threw out a 2013 pension reform effort, saying it violated the pension protection clause of the state constitution that says membership in a public pension system is a contractual relationship, “the benefits of which.

Illinois narrowly avoids school shutdown with stopgap budget, The illinois senate passed legislation in may to provide cps with $205 million in pension relief and an additional $175 “it doesn’t change how we spend money. it doesn’t reform anything. and so the same problems that existed before continue.

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Pension Reform Is At A Crossroads In New Jersey

University of Illinois: State pension reforms won't 'dent' budget woes
Posted by | Date: Tue, 12 Jul 2016 06:30:00 GMT | View Comments

Pension reform is at a crossroads in new jersey - The only solution the only real solution to our pension crisis is long-term reform that delivers much-needed savings take the example of illinois, where courts have deemed pensions untouchable and a law requires 90% funding over the next 30 years..

Visit source Pension Reform Is At A Crossroads In New Jersey

Governor Rauner Calls on General Assembly to Vote on Constitutional Amendment for Term Limits in Fall Veto Session

University of Illinois: State pension reforms won't 'dent' budget woes
Posted by | Date: Tue, 26 Jul 2016 08:14:00 GMT | View Comments

Governor rauner calls on general assembly to vote on constitutional amendment for term limits in fall veto session - Remarks as prepared for delivery: over the past two years, the people of illinois, democrats and republicans alike, have demanded reform. in 2014 the entrenched we ended up with a $100 billion unfunded pension liability. even with our massive tax.

Visit source Governor Rauner Calls on General Assembly to Vote on Constitutional Amendment for Term Limits in Fall Veto Session

Still no budget in Illinois, but pension reform deal in the works

University of Illinois: State pension reforms won't 'dent' budget woes
Posted by | Date: Tue, 26 Jan 2016 09:52:23 GMT | View Comments

Still no budget in illinois, but pension reform deal in the works - The illinois supreme court last year threw out a 2013 pension reform effort, saying it violated the pension protection clause of the state constitution that says membership in a public pension system is a contractual relationship, “the benefits of which.

Visit source Still no budget in Illinois, but pension reform deal in the works

Illinois Narrowly Avoids School Shutdown with Stopgap Budget

Media Coverage of Midwest Government Pension Tension | Taxpayers
Posted by | Date: Fri, 15 Jul 2016 01:00:00 GMT | View Comments

Illinois narrowly avoids school shutdown with stopgap budget - The illinois senate passed legislation in may to provide cps with $205 million in pension relief and an additional $175 “it doesn’t change how we spend money. it doesn’t reform anything. and so the same problems that existed before continue.

Visit source Illinois Narrowly Avoids School Shutdown with Stopgap Budget

Playing with fire may lead to a better Illinois

Media Coverage of Midwest Government Pension Tension | Taxpayers
Posted by | Date: Thu, 14 Jul 2016 22:33:00 GMT | View Comments

Playing with fire may lead to a better illinois - Biss, a lawmaker since 2011 and an architect of several attempts at pension reform, believes illinois should consolidate its 600 pension funds and offer an optional buyout program that could help both public workers and the state’s taxpayers. and guess what?.

Visit source Playing with fire may lead to a better Illinois

Illinois pension reform clears first hurdle

Media Coverage of Midwest Government Pension Tension | Taxpayers
Posted by | Date: Mon, 28 May 2012 17:00:00 GMT | View Comments

Illinois pension reform clears first hurdle - Springfield — a pension reform plan that aims to save tens of billions of dollars surfaced at the capitol today, but questions remain about a controversial provision to shift suburban and downstate teacher retirement costs onto local school districts..

Visit source Illinois pension reform clears first hurdle

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