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Pensions

Hoosier Lottery hits jackpot with record sales, profit

Hoosier Lottery hits jackpot with record sales, profit

INDIANAPOLIS | The decision to outsource Hoosier Lottery marketing, sales and distribution to a private company is starting to pay off for Indiana.

August 19, 2014 11:30 pm
Lawmakers often use study committees to develop legislation

Lawmakers often use study committees to develop legislation

INDIANAPOLIS | In addition to the gaming study, Hoosier lawmakers this summer and fall will take a closer look at issues ranging from juvenile justice to digital privacy, and state-based health exchanges to bike trails.

July 20, 2014 12:00 am Related

Illinois village seeks private fire department

SPRINGFIELD, Ill. | One of a number of Illinois towns struggling with increasing pension costs wants to save money by shifting control of its fire department to a private company — a rare move village officials argue is the only option because they can't make any more cuts or raise taxes.

June 26, 2014 6:27 pm

Illinois politicians, not retirees, are problem

I saw Doug Ross' comment concerning Illinois's "overly generous public pensions." Are you aware the amount of money taken out of our salaries each paycheck for pensioners was determined by the state? We did our part by paying money our whole working lives, but Illinois has let us down.

April 06, 2014 12:00 am

Chicago among many Ill. cities in pension straits

SPRINGFIELD, Ill. | Chicago Mayor Rahm Emanuel's plan for fixing part of the nation's worst municipal pension crisis is now in the hands of state lawmakers — and it's likely just the first of many from cities across the state seeking legislative help for their employee retirement funds.

April 02, 2014 12:00 am

U.S. replicated banana republic's problems

The United States is not a poor society. Illinois is not a poor state.

November 01, 2013 12:00 am

Pension officials ignore legislative opposition to annuity privatization plan

INDIANAPOLIS | State pension officials refused Friday to back off their plan to privatize annuity payments for retired state and local government employees, despite a strong legislative recommendation that they reconsider.

October 25, 2013 10:35 am
Political pressures impacted state health exchange

Political pressures impacted state health exchange

Advocates and Illinois Gov. Pat Quinn's administration have worked since 2011 to put in place legislation to create a state-based health insurance marketplace to no avail.

October 11, 2013 5:40 pm

Petalas: Waste district revenue boost coming from thawed tax levy

CROWN POINT | The quarter of a million dollars in new revenues set to hit Lake County solid waste district coffers in 2014 will come from the thawing of a long-frozen tax levy, the county treasurer said Tuesday.

August 20, 2013 5:22 pm

Special session perk means expense checks for lawmakers

SPRINGFIELD | Although the chances of resolving the state’s pension problems appear slim, Wednesday’s special session of the Illinois General Assembly could make lawmakers’ wallets and waistlines a little bigger.

June 17, 2013 8:00 pm
Quinn calls pension session after credit downgrade

Quinn calls pension session after credit downgrade

Members of the House of Representatives work May 30 on the House floor during session at the State Capitol. Gov. Pat Quinn has called for a special session June 19 to address the pension crisis.

June 06, 2013 3:21 pm
Quinn calls pension session after credit downgrade

Quinn calls pension session after credit downgrade

Illinois Senate President John Cullerton, D-Chicago, listens May 8 to lawmakers during a Senate executive hearing on pension legislation at the Illinois State Capitol in Springfield.

June 06, 2013 3:07 pm
Quinn calls pension session after credit downgrade

Quinn calls pension session after credit downgrade

Illinois Speaker of the House Michael Madigan, D-Chicago, listens May 21 to lawmakers debate during a session at the State Capitol. Madigan's pension legislation, which Illinois Gov. Pat Quinn supports, passed in the House but failed in the Senate. Quinn called a special session June 19 for …

June 06, 2013 3:04 pm
Quinn calls pension session after credit downgrade

Quinn calls pension session after credit downgrade

Illinois Gov. Pat Quinn speaks at a news conference after addressing the University of Chicago – Institute of Politics, Quadrangle Club on Tuesday in Chicago. Quinn on Thursday called a special session of the Assembly on pension reform.

June 06, 2013 2:54 pm

D.158 extends superintendent contract

LANSING | The Lansing Elementary District 158 Board of Education approved a new contract for Superintendent Cecilia Heiberger last week by a 6-1 vote.

May 18, 2013 8:15 pm

Clock ticking down on Illinois pension deal

SPRINGFIELD | Despite high hopes from Gov. Pat Quinn, a push to overhaul the state’s massively underfunded employee retirement systems by a Wednesday deadline remains a tough sell.

January 05, 2013 8:00 pm

Illinois dragging its feet on huge pension problem

CHICAGO | Illinois, a state with a reputation for political wheeling and dealing, backroom handshakes and 11th-hour bargains, is dragging its feet on the one deal needed to solve its biggest crisis in a generation.

January 01, 2013 12:00 am

State surplus boosts pension funds

INDIANAPOLIS | Five state employee pension funds received a windfall payment -- complete with oversized novelty check -- as Gov. Mitch Daniels on Thursday distributed their shares of Indiana's automatic taxpayer refund.

October 04, 2012 2:00 pm

LaPorte County Sheriff's Merit Board wants pension ended for former jail matron

LAPORTE | A decision was made Thursday to take court action seeking to take away the pension now being collected by the wife of a former LaPorte County sheriff.

September 16, 2012 7:15 pm

Ill. lawmakers fail to act on pension crisis

SPRINGFIELD | Illinois lawmakers failed to address the state's massive pension problem Friday but did expel a legislator over bribery charges during a day of frustration for officials in a state government already burdened by a reputation for paralysis and corruption.

August 17, 2012 9:15 pm
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