Numerous U.S. pension plans are in deep, deep trouble, and Illinois is at the top of the list. Plan assumptions cannot and will not be met.
Baby boomers have saddled young Illinoisans with a grossly unfair burden.
Chicago’s credit rating trails only Detroit among major U.S. cities.
Now Illinois state courts will decide whether it is constitutional to the city to reduce retiree health benefits.
Illinois resorted to POBs because pension costs were quickly increasing. But instead of reforming the system, political leaders chose to paper over the problem with debt.
Lawmakers must ensure law-enforcement officers aren’t trampling the civil rights of Chicagoans.
Total proposed appropriations for more than one-third of state agencies – 37 departments out of nearly 100 – would change by 5 percent or less.
How village officials used public money to pad the pockets of one of the most successful artists of all time, and tried to keep it a secret.
As neighbors and regional peers move to foster business growth, Illinois is being left behind.