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Damage from Edgar ramp obscured by dotcom boom

By Ted Dabrowski, John Klingner
10/25/2016
Former Gov. Jim Edgar’s pension compromise with House Speaker Mike Madigan in the 1990s set the state’s pension funds down an unsustainable road.

TAGS: Edgar Ramp, Jim Edgar, pensions

Former Gov. Edgar’s ‘compromise’ pension plan led to Illinois’ fiscal crisis

By Ted Dabrowski, John Klingner
06/09/2016
Under former Gov. Jim Edgar’s pension ramp, unfunded pension liabilities have increased nearly $100 billion despite taxpayers contributing $16.4 billion more to the five state-run pension systems than required under the Edgar plan.

TAGS: Jim Edgar, pensions

Five reasons why Madigan’s pension fix is a step backward

11/29/2013
There’s immense pressure on Illinois legislators to pass a pension bill. With the state pension system nearing insolvency and credit agencies warning of further downgrades, the perceived wisdom is that any pension fix, no matter how small, is a “step forward” that must be passed. But when it comes to pension reform in Illinois, that...

TAGS: COLA, Jim Edgar, Pat Quinn, pensions, retirement age

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Budget + Tax / Research Report

False promises, real harm: Why Illinoisans should reject a progressive income tax


States with a progressive income tax see greater income inequality, and have seen income inequality rise faster than states without a progressive income tax.

View Report

Report Archive

Labor / Your Story

Rich Ayers

Jobs + Growth / Policy Point

Policy lessons from Illinois’ exodus of people and money

By J. Scott Moody, Wendy Warcholik
07/07/2014
Illinois Policy In the News

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016

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Illinois' comeback story starts here