How the Cook County Pension Fund Fared in 2022
In this blog post, the Civic Federation analyzes indicators of the fiscal health of the Cook County pension fund based on the most recent …
The Civic Federation submitted the following written testimony to Chairperson Kifowit and Members of the House Personnel & Pensions Committee on August 9, 2023.Dear Chairperson Kifowit and Members of the House Personnel & Pensions…
With the upcoming implementation of an elected school board to oversee Chicago Public Schools, the governance of CPS will be separated from the City of Chicago. The 21-member elected school…
The Civic Federation submitted the following written testimony in opposition to SB 1639 and SB1630 to Chairperson Kifowit and Members of the Personnel & Pensions Committee on May 10, 2023. The same written testimony was also submitted…
On April 20, 2023 two bills passed out of committee in the Illinois House of Representatives that would increase pension benefits for Chicago firefighters hired after 2010. Senate Bills…
This blog post examines the Chicago Public Schools’ contributions to the Chicago Teachers’ Pension Fund in the FY2023 budget and the funding status of the Pension Fund based…
Over the summer, Illinois Governor JB Pritzker signed into law Public Act 102-0263, which makes changes to the funding schedule for the Chicago Park District’s…
The Civic Federation released its annual analysis of the City of Chicago’s proposed budget this week. Included in the report was a section dedicated to the budgetary…
As laid out in many Civic Federation blogs over the last several years, the State’s two pension buyout plans, which were enacted as part of the FY2019 budget…
In a proposal to stabilize underfunded pensions for Forest Preserve District of Cook County employees and retirees, the Forest Preserves’ Conservation and Policy Council…