Illinois households are now on the hook for $27,000, up 17 percent from 2015.

Due to changes in investment and demographic assumptions, the State Employees’ Retirement System’s debt is even worse than previously realized; this will require an extra $320 million each year from Illinois taxpayers by 2018.

Here's what you need to know about Illinois' $111 billion state pension crisis.

Illinois government workers are able to retire before the age of 60 while collecting most of their final average salary.

Illinois’ pension conference committee is once again rumored to be nearing a “fix” for the state’s pension mess. But if the pension conference committee is serious about saving the pensions of state retirees and workers who have dedicated their careers to public work, they will put an end to cost-of-living-adjustments, or COLAs, for government retirees...