The typical career state worker collected $82,478 in annual pension benefits, recouping more income in 17 months of retirement than they contributed over 35 years. Working Illinoisans only earned $59,650 a year.
Just like Chicago Mayor Rahm Emanuel did late in his term, Mayor Lori Lightfoot is calling for public pension reforms. Pensions are damaging cities, she said.
Now that the 103rd Illinois General Assembly is sworn in, an early order of business will be to establish the rules of the chambers. Those rules need more reform to ensure another Mike Madigan doesn’t gather too much power.
The Illinois Supreme Court stayed a provision of the SAFE-T Act set to take effect Jan. 1 that would have eliminated cash bail statewide after a county judge ruled it would violate the state constitution. The high court said it planned an “expedited” review.
The Illinois Department of Children and Family Services held kids in psychiatric hospitals for far longer than needed because the agency couldn’t find them housing.
On Nov. 8, Illinoisans will vote for important judge positions, including three Illinois Supreme Court justices and 16 appellate court judges. Their decisions impact daily life, yet about 25% of voters leave their ballots blank when they get to the judges.
Crain’s Chicago Business’ editorial board is endorsing a ‘no’ vote on Amendment 1. Two Crain’s columnists did so, also, because of the unchecked power it would grant government unions.
The Illinois Manufacturers Association president warned Amendment 1 would tie lawmakers’ hands from pursuing fiscal reform. The Illinois Chamber of Commerce president said it would decrease business investment and the Technology and Manufacturing Association of Illinois is worried about property tax increases.
Occupational licensing requirements present one of the steepest barriers to low-income Illinoisans starting careers in beauty services. Illinois requires anyone seeking to become a barber, cosmetologist, nail technician or hair braider to obtain a state license, essentially a permission slip to work. Unlike 45 other states, Illinois offers only one pathway to licensure for each...