Social Security

Budget Solutions 2019: The responsible budget for Illinois

By Orphe Divounguy, Bryce Hill, Joe Tabor
02/06/2018
Even after a 32 percent income tax hike, the Illinois General Assembly passed a state budget in 2017 that will generate an estimated $1.5 billion deficit in fiscal year 2018. That deficit is projected to grow to $2.15 billion in fiscal year 2019, according to the Governor’s Office of Management and Budget, or GOMB. The...

AFSCME: The 800-pound gorilla at the negotiating table

By Mailee Smith
11/14/2016
The American Federation of State, County and Municipal Employees claims to be seeking a “fair contract” on behalf of Illinois state workers. But the power and influence exerted by the state’s largest government-worker union means the bargaining table almost always tilts in AFSCME’s favor. The reality is that AFSCME is the power player in negotiations...

Solving Illinois’ pension crisis

By Benjamin VanMetre, Ted Dabrowski
06/08/2015
Actuarial analysis offers options to transition to a defined-contribution retirement plan

Reforming Illinois Medicaid: How to cut waste, fraud and abuse

By Jonathan Ingram
05/20/2015
Medicaid is one of Illinois government’s largest and fastest-growing expenses, accounting for more than 28 percent of the state’s total operating budget.1 It has also been a prime target of waste, fraud and abuse, earning a “high risk” designation from the U.S. Government Accountability Office.2 Most states, including Illinois, have focused fraud-prevention efforts on provider...

Millennials reject broken, traditional retirement benefits

07/23/2014
Most millennials don’t trust Social Security, according to a spring 2014 survey from Reason-Rupe: The report found that: “Fifty-three percent of millennials say Social Security is ‘unlikely’ to exist when they are 67 years old, while 45 percent say it probably will remain. But if it does exist at that time, even fewer millennials believe...

TAGS: Chicago, millennials, pensions