Illinois Municipal Retirement Fund

Harvey needs a way out of its crippling pension debt

By Joe Tabor
10/27/2025
Harvey became the second city in 35 years to ask the state to step in under Illinois’ Financially Distressed City Law. It won’t address the main issue: growing pension liabilities.

A way out: Bankruptcy authorization would give struggling Illinois municipalities options

By Joe Tabor
02/10/2025
Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...

Unions flood politicians with cash: How it buys clout in Illinois General Assembly

By Mailee Smith, Jon Josko
12/22/2021
Government unions in Illinois have tremendous power. Most are allowed to go on strike and can bargain over virtually anything.1 It creates an uneven playing field, with unions able to demand costly provisions in their contracts and threaten to strike – denying Illinoisans needed services – to get what they want.2 Until recently, the potential...

Illinois Forward: A 5-year plan for balanced budgets, declining debt and tax relief

By Adam Schuster
02/15/2020
The years 2010 through 2019 will go down in Illinois history as a decade of public policy failure and economic decline. High fixed costs for pensions and government worker health care have prevented the state from balancing its budget in any year since 2001. Since the Great Recession in 2008, the state’s fiscal imbalance has...
Load More

FAQ: How the federal scholarship program would help Illinois students

Illinois students could soon benefit from scholarship money to help them find a tutor, attend ACT or SAT prep sessions, pay tuition, get special education services or assist with other academic needs. That will happen in Illinois only if Gov. J.B. Pritzker lets the state’s schoolchildren benefit from the Federal Scholarship Tax Credit program, established...

View Report

Report Archive

Diana Graham

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

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

By Ted Dabrowski
05/02/2016