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Pension Reform

Pension case may be on fast track

SPRINGFIELD | The future of a controversial overhaul of state employee pension systems could be determined faster than expected.

September 05, 2014 12:46 pm

Lawyers: Factor court decision into pensions case

SPRINGFIELD, Ill. |— Lawyers representing state retiree groups said Tuesday they aim to use a recent Supreme Court decision on health care benefits in an effort to expedite their case challenging Illinois' pension legislation.

July 22, 2014 3:46 pm

Pension ruling may have to wait until next year

SPRINGFIELD, Ill. | A ruling on whether Illinois' pension overhaul law is constitutional could be delayed until next year after a Sangamon County judge decided Thursday he wants to hear all the arguments raised on the issue.

June 27, 2014 12:28 pm
Chicago pensions could affect elections into 2015

Chicago pensions could affect elections into 2015

CHICAGO | The new law overhauling two Chicago pension systems has factored into the re-election bid for Gov. Pat Quinn and Mayor Rahm Emanuel.

June 10, 2014 2:23 pm
Chicago pensions could affect elections into 2015

Chicago pensions could affect elections into 2015

Chicago Mayor Rahm Emanuel speaks at a news conference in October 2013 in Chicago. On Monday, Illinois Gov. Pat Quinn signed legislation that would help Chicago reduce a multibillion-dollar pension shortfall but could lead to a property tax increase. Chicago has the worst-funded pension syst…

June 10, 2014 2:25 pm

Legal interpretation may erase pension glitch

CHAMPAIGN, Ill. | A troublesome piece of last year's state pension-reform law may not cut university retirees' pensions after all, the State Universities Retirement System now says.

May 07, 2014 3:22 pm

Mayors' group pushes for Illinois pension reform

CHICAGO | Illinois mayors from Rockford to Peoria reiterated their call Monday for lawmakers to overhaul local police and fire pension systems to avoid strains on municipal budgets, but there were few signs the Legislature would take up the issue anytime soon.

April 22, 2014 12:00 am

Ill. labor unions sue over plan to cut pensions

SPRINGFIELD | Some of the largest public labor unions in Illinois filed a long-awaited lawsuit Tuesday challenging the state's new pension reform law, a move that could delay implementation of the landmark measure and have major ramifications in upcoming elections.

January 28, 2014 12:10 pm
Leadership, re-election at stake in Quinn address

Leadership, re-election at stake in Quinn address

CHICAGO | With his top priority of pension reform inked into law, Gov. Pat Quinn is preparing for a critical election-year State of the State speech this week, needing to persuade lawmakers and voters he has the leadership skills to keep running Illinois.

January 27, 2014 8:00 pm
The Daily Fix

The Daily Fix

Offering perspective on today's issues

December 09, 2013 12:00 am

GOP, Dems now face pension vote fallout in 2014

SPRINGFIELD, Ill. | While Illinois Republicans have made solving the state's pension crisis their issue for years, far fewer GOP lawmakers than expected supported the watershed package of reforms passed by the Legislature Tuesday.

December 07, 2013 12:09 pm

Pension ruling could take years

SPRINGFIELD | It easily could be 2016 before Illinoisans know whether new changes to the state’s pension systems are legal, a University of Illinois law professor said Friday.

December 07, 2013 12:00 am

Quinn signs pension overhaul into law

CHICAGO | Gov. Pat Quinn has signed landmark legislation Thursday to reform Illinois' massively underfunded pension system, though the new law is certain to face threatened lawsuits by labor unions.

December 05, 2013 2:35 pm

Quinn awaits big paycheck

SPRINGFIELD | Illinois Gov. Pat Quinn is about to get a very fat paycheck.

December 05, 2013 2:07 pm

GOP leaders: Illinois pension fix could come soon

CHICAGO | The top two Republicans in the Illinois Legislature said Tuesday they're hopeful their Democratic counterparts will soon have a plan to address the state's $100 billion pension crisis — a fix that could get a vote next week if enough lawmakers signal they will vote yes.

November 26, 2013 8:45 pm

Illinois House to convene next week on pensions

CHICAGO | Illinois House lawmakers are expected to gather in Springfield next week to approve a possible solution to the state's roughly $100 billion pension crisis.

November 26, 2013 12:00 am

Illinois leaders meeting to discuss pension overhaul

SPRINGFIELD | The search for a way out of Illinois’ pension mess will continue today when the state’s legislative leaders meet in a closed-door negotiating session in Chicago.

November 21, 2013 12:00 am

Lawmakers might return Dec. 5 to deal with pensions

SPRINGFIELD | Illinois lawmakers are penciling in Dec. 5 on their calendars as a possible date for a return trip to the Capitol.

November 08, 2013 8:15 pm

Chicago mayor presents $6.97B budget to council

CHICAGO | Chicago Mayor Rahm Emanuel outlined his proposed $6.97 billion budget Wednesday, but warned that if state lawmakers don't enact pension reform before the city's own obligations surpass more than $1 billion next fiscal year, Chicago would be such an expensive place to live and work …

October 23, 2013 2:46 pm

Cullerton: Pension issue could bypass committee

CHICAGO | Senate President John Cullerton is expressing optimism that the Illinois pension crisis could still be worked out during the fall legislative session, even if the committee tasked with solving the crisis remains split.

October 15, 2013 3:19 pm
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