Pension costs for state government workers reached an all-time high in 2016, consuming 25 percent of the state’s general budget.1 Today, more than $8 billion of the state’s yearly $32 billion budget goes to pay for pension costs, sapping tremendous amounts of money from social services for the developmentally disabled, grants for low-income college students, and aid to home...View Report
In 2012, the unfunded debt related to pensions and retiree health care costs for local and state government workers across Illinois was $203 billion, the equivalent of more than $43,000 per household. In just six years, the total debt Illinois households are on the hook for has jumped to $56,000, or 31 percent. That’s a $13,000 increase for each household. Total unfunded debt for state and local governments in Illinois now totals $267 billion.
Physician-dispensed drugs account for more than 60 percent of the cost of prescriptions covered by workers’ comp in Illinois.
A spokeswoman for the governor said the measure would cut overtime costs and help reduce the state’s corrections budget.
Under state Rep. Kelly Cassidy’s proposal, Illinoisans age 21 and older could legally possess, manufacture and sell marijuana.
State and local tax hikes in Illinois have hurt economic growth, lowered the standard of living, and contributed to out-migration.
Proposed legislation to commemorate former President Barack Obama’s birthday as a state holiday in Illinois would have cost taxpayers nearly $20 million in state personnel expenses and lost productivity.
The Illinois Supreme Court refused to hear Illinois Attorney General Lisa Madigan’s request to stop state employees from getting paid until a budget is passed.
Negotiations between government-worker unions and governing bodies are conducted behind closed doors, away from public scrutiny. And yet taxpayers are required to pay for whatever extravagant benefits the unions obtain. Recently a bill in the General Assembly would have brought more transparency – and accountability – to the process, but it failed to make it out of committee.
As state debts mount and budget plans remain in limbo, Illinois lawmakers move to expand EDGE tax credits.
Judge Garcia points to the lack of a budget as reason enough to delay payments to legislators.