Illinois

More inspectors general necessary to fight Illinois’ corruption woes

By Brian Costin
07/12/2014
For far too long Illinois politicians haven’t done enough to address a public corruption epidemic that has wreaked havoc on the state’s image and the pocketbooks of its taxpayers. Illinois consistently ranks in the top five states for public corruption, and a recent study estimated the cost of corruption in Illinois at nearly $1.4 billion...

Illinois pension debt ranks second-worst in the nation

By John Klingner
07/11/2014
Illinois has once again earned the dubious honor of having one of the worst pension crises in the nation. This week, the Competitive Enterprise Institute, or CEI, released a report, “Understanding Public Pension Debt,” which combined the state rankings of several different pension debt studies, including reports by Moody’s Investors Service and the U.S. Census...

TAGS: Chicago, debt, pensions

Stockton bankruptcy: Federal judge hints that pensions ‘can be adjusted’

By John Klingner
07/10/2014
The California city of Stockton’s bankruptcy case took an interesting turn yesterday. The big question surrounding the city’s bankruptcy has always been what might happen to city employee pensions. Most government advocates assumed that these pensions would remain untouched no matter what happened to Stockton’s finances. Now the federal judge in charge of the bankruptcy...

TAGS: bankruptcy, pensions

Two more Illinois companies turn Hoosier

By Michael Lucci
07/10/2014
Two Illinois businesses have announced they will leave for Indiana since the start of July. One of them, ironically, is named after the state of Illinois. Illini Hi-Reach is a rental provider of industrial equipment. Illini announced on July 2 that it will move its corporate headquarters from Lemont, Ill. to Crown Point, Ind. Less...

Real, reasonable pension reform: 401(k)-style plans for new state workers

By John Klingner
07/09/2014
The recent Illinois Supreme Court ruling on state retiree health insurance benefits creates a major problem for both the state and local governments. The court ruled that retiree health insurance benefits are protected by the pension protection clause of the Illinois Constitution. The ruling will make it difficult to reform retiree health benefits and to...

Illinois corruption watch, June 2014

By Brian Costin, Anthony Trania
07/09/2014
Unfortunately for taxpayers, June was a groundbreaking month for corruption in Illinois. In June alone, there were reports of 85 corruption-related stories in the state. Some of the record-breaking highlights include the following: For the first time in 33 years, the Illinois Legislative Audit Commission exercised its subpoena powers in the issuance of a subpoena...

Chicago State University sued for violating First Amendment rights

By Bryant Jackson-Green
07/09/2014
The Foundation for Individual Rights in Education, or FIRE, filed a lawsuit against Chicago State University, or CSU, last week, accusing the university of “[engaging] in an ongoing campaign to silence … criticisms of how the university is run” when it tried to shut down an independently operated faculty blog. Since at least last year,...

TAGS: Chicago, CSU: Chicago State University, Foundation for Individual Rights in Education

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...