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Pritzker signs pension sweetener bill without knowing the cost

By Adam Schuster
12/20/2019
Illinois’ pension crisis is the nation’s worst. Maybe that’s because elected officials take a problem they aren’t sure exists, apply a solution they don’t know will work and never determine the cost.

TAGS: bipartisan, consolidation, constitutional amendment, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, JB Pritzker, lawmakers, safe harbor, Springfield

Illinois lawmakers pass pension sweeteners without knowing the cost

By Adam Schuster
11/20/2019
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: Civic Federation, firefighter pensions, IRS: Internal Revenue Service, Jason Barickman, municipal pensions, pensions, police pensions, public safety, safe harbor, Social Security

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Pensions / Research Report

Fixing Illinois pension crisis by amending nation’s most-restrictive pension law is legal, effective


Illinois is home to one of the worst pension crises in the country.1 At 39% funded, according to the nonpartisan Pew Charitable Trusts, Illinois has the worst pension funding ratio of any state.2 By contrast, neighboring Wisconsin’s pension system is 103% funded.3 In fiscal year 2022, Illinois’ total gen­eral funds pension costs, includ­ing pension bond...

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Report Archive

Jobs + Growth / Your Story

Cathy Stuehmeier

Labor / Policy Point

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014
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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