Work one day, get paid for whole month could end for Illinois lawmakers
Illinois lawmakers are currently paid for the entire month, even if they resign before the end of it. A new bill could change that.
Pension apocalypse? COVID-19 exposes long-running fragility of Illinois public pensions
Illinois’ pension crisis has been a growing problem for decades, and its negative effects on state residents are well documented.1 Economic fallout from the COVID-19 pandemic and related government shutdown orders threaten to bring that long-running crisis closer to its breaking point. The state’s five pension systems collectively held nearly $139 billion of debt at...
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