The problem Illinois is facing a fiscal crisis. The expense of retirement benefits is overwhelming many areas of the state budget. Lawmakers have known of this situation for years, but thus far have not adopted a comprehensive solution. The state faces an $85 billion unfunded liability to its pensions systems. It owes another $45 billion...
This three-part series by the Illinois Policy Institute specifically focuses on the impact rising retirement costs will have on education funding at various levels.
The problem Illinois is facing a fiscal crisis. The expense of retirement benefits is overwhelming many areas of the state budget. Lawmakers have known of this situation for years, but thus far have not adopted a comprehensive solution. The state faces an $85 billion unfunded liability to its pensions systems. It owes another $45 billion...
The problem Illinois is facing a fiscal crisis. The expense of retirement benefits is overwhelming many areas of the state budget. Lawmakers have known of this situation for years, but thus far have not adopted a comprehensive solution. The state faces an $85 billion unfunded liability to its pensions systems. It owes another $45 billion...
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...