Illinois

Pensions vs. schools: Chicago Public Schools

01/06/2012
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...

Pensions vs. schools

01/06/2012
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.

Pensions vs. schools: Downstate and suburban PK-12 education

01/05/2012
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...

Pensions vs. schools: Higher education

01/04/2012
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...