Illinois lawmakers pass pension sweeteners without knowing the cost

By Adam Schuster
Illinois has nation’s worst pension debt. Maybe that’s because state lawmakers take a problem they aren’t sure exists, apply a solution they don’t know will work and never determine the cost.

TAGS: benefits, Civic Federation, fire pensions, firefighter pensions, IRS: Internal Revenue Service, Jason Barickman, municipal pensions, pension crisis, pension debt, pension reform, pensions, police pensions, public safety, public safety pensions, safe harbor, Social Security, task force, tier 1, tier 2

Civic Federation calls for tax hikes, opposes sensible reform in budget criticism

By Adam Schuster
The Civic Federation’s criticism of Gov. Bruce Rauner’s proposed budget is a mixed bag, with its own proposals for Illinois’ financial crisis – including nearly $3 billion in tax hikes – missing the mark.

TAGS: AFSCME: American Federation of State County and Municipal Employees, budget, Civic Federation, health insurance, income tax, Laurence Msall, LGDF: Local Government Distributive Fund, municipal pensions, pensions, progressive income tax, taxes