Chicago

Convicted felon and torturer will continue to receive pension

By Austin Berg
07/07/2014
A convicted torturer is still receiving an Illinois state pension. On July 3, the Illinois Supreme Court ruled in favor of a decision by Chicago’s police pension board allowing disgraced former Chicago police Cmdr. Jon Burge to continue receiving his approximately $3,000 per month pension. That’s despite the fact that Burge is currently serving a...

Chicago gas prices $0.53 higher than national average

By Hilary Gowins
07/03/2014
Just as travelers prepare to hit the road to celebrate Independence Day weekend, national gas prices have risen to levels not seen since 2008. And though prices have dropped slightly in Chicago, the price for a gallon of gas is still higher than it was last year, according to AAA. Today, the average price per...

Speeding ticket can cost you more than $900 in Illinois

By Austin Berg
07/03/2014
It’s Independence Day weekend. You’re driving out to the suburbs, into the city, up to a lake or maybe down to the state capital. You’re going 15 miles per hour over the speed limit. Lights flash. You hear: “License and registration please.” You’re on the hook for $120. Or so you think. In reality, the...

Occupational licensing overkill in Illinois

By Bryant Jackson-Green
07/03/2014
Nearly two in five workers in the U.S. need government permission just to do their jobs. One of the ways that permission is granted is through occupational licensing programs imposed by state and local governments. This setup raises barriers to entry for many professions. The supposed justification for these rules is that they help protect...

TAGS: occupational licensing

Setting the CTU straight on teacher retirement benefits

By John Klingner
07/03/2014
Opponents of real pension reform often argue that government workers receive modest pensions. The Chicago Teacher’s Union, or CTU, is one such opponent. Under its FAQ page about teacher pensions, the union’s website states: “The average Chicago Teachers’ Pension Fund (CTPF) retiree earns $42,000 per year. Of the 87,000 retired teachers in Illinois, almost 1...

Saving Chicago: Reforming city-worker retirement ages

By John Klingner
07/02/2014
The problem Chicago is suffering from one of the worst pension crises in the nation. To begin fixing its failing system, the city should move away from a politician-controlled, defined-benefit system. But another important step is reforming retirement-age requirements. The Chicago systems’ retirement ages don’t reflect today’s fiscal and demographic realities. People are living longer,...

Back to reality: More bad news for Illinois teachers’ pension fund

By John Klingner
06/27/2014
In the next bad surprise for taxpayers and Illinois’ downstate teachers, the Teachers’ Retirement System, or TRS, announced that the shortfall in its pension fund has increased by $6 billion. The bigger shortfall means that without real pension reform, teachers may see their pensions cut and taxpayers may be called on to bail out the nearly insolvent...

CPS layoffs another signal for real reform

By John Klingner
06/27/2014
Chicago Public Schools, or CPS, officials announced yesterday that the district laid off a group of teachers and other staff. Overall, 1,150 school district employees, composed of 550 teachers and 600 clerical support staff, are being let go by the school district. This round of layoffs comes a year after CPS let go a further...

TAGS: Chicago, CPS: Chicago Public Schools

Chart of the Week: What ObamaCare grant paid state’s Democrat insiders

By Naomi Lopez Bauman
06/18/2014
If you have any doubt that political cronyism isn’t alive and well in Illinois, look no further than an ObamaCare scandal that broke late last week. Investigations by the Associated Press and Crain’s found that a subcontractor to a $33 million ObamaCare grant was billing at $282 per hour. Turns out the subcontractor is owned...

TAGS: cronyism, Lisa Madigan, Mike Madigan, Pat Quinn, Richard Daley