Illinois Supreme Court

Brexit and Chicago’s potential bankruptcy

By Ted Dabrowski, John Klingner
06/25/2016
Pension funds aren’t immune to the volatility of the stock market. Even before Brexit, Moody’s warned that low investment returns are already putting Chicago’s pension funds at risk. A major stock market correction or another recession just might put Chicago and CPS over the edge if their already-underfunded pension systems collapse.

TAGS: bankruptcy, Chicago, municipal pensions, pensions, Rahm Emanuel

Pensions over people

By Austin Berg
06/23/2016
The pension problem was created and has been fueled by weak politicians – men and women who decided their next elections were more important than the next generation.

TAGS: budget, pensions

AFSCME impasse hearings: Understanding the timeline, process and potential outcomes

By Mailee Smith
04/26/2016
illinois-afscme-rauner-labor
Given AFSCME’s and the Rauner administration’s disagreement on core contract issues – such as wage freezes and merit pay – and the likely appeal of any impasse decision reached by the administrative law judge, a final determination on whether AFSCME and the Rauner administration have reached impasse will probably not come until well into the summer – or beyond.

TAGS: AFSCME: American Federation of State County and Municipal Employees

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4 ways to break out of Illinois’ pension trap

Causes, costs, how to set the state free

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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