Published Aug. 17, 2022 Illinois is home to one of the worst pension crises in the country.1 At 39% funded, according to the nonpartisan Pew Charitable Trusts, Illinois has the worst pension funding ratio of any state.2 By contrast, neighboring Wisconsin’s pension system is 103% funded.3 In fiscal year 2022, Illinois’ total general funds pension...
Gov. J.B. Pritzker will end the statewide indoor mask mandate for most Illinoisans Feb. 28, joining the 39 other states who have already lifted COVID-19 restrictions on residents. Illinois will be the only state in the Midwest still mandating masks in schools at the state level.
Unemployment benefits are being stolen by thieves who redirect the funds. Repeat victims say the problem is within Illinois Department of Employment Security computers, but the state won’t release data to pinpoint the problem.
A Volcker Alliance report on truth and integrity in state budgeting finds Illinois lacking. Debt, budget gimmicks and thin reserve funds gave the state poor marks.
Illinois’ weak economic foundations and fiscal mismanagement were preexisting conditions that caused it to suffer a deeper COVID-19 downturn. They will also hurt its recovery.
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...