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About 757 results for "Illinois Pension Funding Act"

Illinois Supreme Court Likely Poised to Strike Down Pension Reform Act
JD Supra

Illinois Supreme Court Likely Poised to Strike Down Pension Re...

This afternoon, the Illinois Supreme Court heard oral argument on the biggest case on its civil docket, In re Pension Reform Litigation . In re Pension Reform Litigation involves the question of whether SB-1, the pension reform act adopted by the ... JD Supra, 2 weeks ago
State's public pensions are ailing, analyst says Houston Chronicle, 2 months ago
Bloomberg

Illinois Pension Bout a Test in Nation Grappling With Shortfalls

Advertisement (Bloomberg) -- Illinois's remedy for the state's worst-in- the-nation $111 billion pension-funding shortfall was disliked by lawmakers who voted for it, the new governor who inherited it and public employee unions who sued to ...
 GARP2 weeks ago Illinois Pension Bout Tests Nation Grappling With Shortfalls  GARP2 weeks ago
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TheDeal.com

Illinois pension law greeted with court skepticism [Chicago Tribune]

March 12--A lawyer for the state faced skeptical questioning from Illinois Supreme Court justices Wednesday as she defended a landmark pension reform law by arguing that benefit cuts to public workers were a response to a financial emergency tied to ...
 Bloomberg2 weeks ago UPDATE 3-Illinois pension reform faces skepticism in high court hearing  Reuters2 weeks ago UPDATE 1-Illinois, unions duel over pensions in state's high court  CNBC2 weeks ago Supremacy's claws: How two judges are changing the pension debate  TheDeal.com2 weeks ago
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Illinois governor's 'turnaround budget' targets pensions, universities

All of those interests sounded dire warnings and geared up their powerful lobbying operations to fight the proposed budget. Some Democratic leaders reacted angrily to the rookie governor's address, harking back to his days as a partner in a private ...
 Los Angeles Times1 month ago Rauner's 'turnaround budget' has cuts called 'reckless,' 'wrong priorities'  Insurance News Net1 month ago
Education News

The Honorable John Belz handed down his ruling today from the 7th Judicial Circuit Court stating that pension rights are constitutionally protected for retirees in Illinois

. I am encouraged by the ruling made today by Judge Belz, said Bob Pinkerton, President of the Illinois Retired Teachers Association. I remain hopeful that this decision, and the previous verdict made by the Supreme Court on Kanerva, will once ...
 Education News1 month ago
CNBC

Pensions struggle to live up to their promises

People protest in front of the U.S. Courthouse in Detroit during the city's bankruptcy eligibility trial. These days, a pension just isn't what it used to be. For generations, a defined benefit pension — a ...
 CNBC1 week ago

Aaron Schock May Still Get a Gov't Pension When He's 62

Our friends at the Center for Public Integrity remind us that in about 30 years Aaron Schock (R) will once again take money from the U.S. taxpayer. The Illinois congressman, who announced Tuesday he would resign after a deluge of news stories ...
 The Fiscal Times1 week ago A 62-year-old Schock will still likely receive his government pension  Washington Post1 week ago In the Loop: A 62-year-old Schock will still likely receive his government pension  Washington Post1 week ago

Lobbyist sues to regain big pension he got from 1 day as substitute teacher

A union lobbyist who qualified for a teacher pension windfall by subbing at a school for one day is now suing a state retirement board because his benefits were scaled back once his sweet deal was exposed. Retired Illinois Federation of Teachers ...
 Chicago Tribune1 week ago
Reuters

Cracks appearing in public pensions armor

New Jersey Gov. Chris Christie delivers his budget address, Feb. 24, 2015, in Trenton, N.J. First in , then in Stockton, ., and now in , judges and other top officials are challenging the widespread belief that public ...
 CNBC1 month ago Chris Christie Neglects New Jersey Woes While Hinting At 2016 Presidential Run  Huffington Post2 months ago UPDATE 3-Christie hints at presidential run in New Jersey speech  Reuters2 months ago Christie hints at presidential run in New Jersey speech  Yahoo! Finance2 months ago
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Illinois Governor's Budget Would Hit Foster Kids Hard

By Christy Gutowski The state became Annie Audenas' substitute parent in the mid-1990s after Illinois child welfare officials said they found evidence of neglect in her family and placed the infant in protective custody. Audenas was adopted by ...
 Governing3 weeks ago Rauner budget cuts target older Illinois foster youth  Chicago Tribune3 weeks ago
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