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Oral arguments on whether state law passed in 2013 will stand were held Wednesday before the Illinois Supreme Court. The law reduces benefits for public…
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Some of the main architects of the Illinois law that seeks to save the state money by reducing workers' pensions have begun collecting pensions of their…
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Legislators passed a law overhauling the state's retirement systems. Soaring pension debt remains a concern. The law's constitutionality is also in…
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The State Universities Annuitants Association, which lobbies to protect the pension benefits of higher education employees, and the Illinois Attorney…
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This month, Illinois lawmakers took a major step in repairing the state's finances by approving a pension overhaul. The plan has its critics, including…
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Illinois' largest state government retirement system is moving ahead with implementation of the pension overhaul. The move comes even as unions are…
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In just over a week, a pension overhaul went from an agreement between Illinois' legislative leaders to law.On Tuesday, lawmakers voted for the plan to…
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Illinois lawmakers approved cuts to state employee pensions Tuesday. The move comes after years of stalemate over how to address the worst-funded pension…
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Illinois lawmakers approved a pension overhaul Tuesday. The Senate passed the plan 30 - 24, and the House approved it on a 62 - 53 vote. Governor Pat…
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Earlier this week, legislative leaders announced a deal to bring a pension overhaul before the full chambers. It is estimated to save $160 billion over…