The following is an infographic-style primer intended to concisely and accessibly present the most important information and data on the Illinois pension crisis. The series explores the history and …
This article discussed the challenges municipalities across Illinois face in dealing with their growing pension obligations. The article offered a number of examples where the burden of pensions has resulted in credit downgrades and…
This article covered Chicago Mayor Rahm Emanuel's call for a constitutional amendment, $10 billion in pension obligation bonds and new revenue from legalizing and taxing marijuana and a Chicago casino to stabilize the City of Chicago's…
The Illinois General Assembly passed a budget for fiscal year 2019 on May 31, 2018 and Governor Rauner signed it into law on June 4, 2018. The Institute for Illinois' Fiscal Sustainability has since then continued to analyze the enacted…
2019 Civic Federation Legislative Priorities The Civic Federation's legislative priorities for 2019 …
Illinois’ contributions to its severely underfunded retirement systems are expected to increase significantly in the upcoming budget year, but the numbers could change due to pension buyout plans that have yet to be implemented. Proposed…
(CHICAGO) In a report released today, the Civic Federation announced support for Cook County’s proposed FY2019 budget. The $5.9 billion budget proposal is structurally balanced without raising new taxes and continues the practice of making…
Click here to read the full report. The Civic Federation supports Cook County’s proposed FY2019 budget of $5.9 billion…
