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About 607 results for "Illinois Pension Funding Act"

Illinois Supreme Court Strikes Down Pension Law

Last week, the Illinois Supreme Court ruled that Public Act 98-641 of 2014 violated the state constitution's pension protection clause which states : "Membership in any pension or retirement system of the State, any unit of local government or ... Reason Foundation, 2 months ago
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8 images for Illinois Pension Funding Act

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Illinois Business Journal

Education advocates urge lawmakers to pass Better Funding for Better Schools Act

Group members at Monday's event included state Sen. Andy Manar, speaking. From Illinois Business Journal news services EAST ST. LOUIS State education funding reform advocates are urging Illinois lawmakers to pass the Better Funding for Better ...
 Illinois Business Journal3 weeks ago

University funding lifeline solves nothing

Beyond the fact that Illinois universities don't have to turn out the lights just yet, there's not much to celebrate in the big higher education rescue package that sailed through Springfield and won the governor's signature on April 25. After 10 ...
 Crains ChicagoBusiness4 weeks ago
CapX

Teamsters private pension near bankruptcy; benefits of 407,000 retirees may be virtually nothing

America's public (i.e, government) and private pensions are in trouble. The difference is that the government pensions don't go bankrupt because Uncle Sam hits taxpayers to continue funding government retirees. Now, one of America's biggest ...
 Before It's News6 days ago Congress can solve Illinois pension crisis  CapX1 month ago The Mess in Illinois and the Public Trust Case for Pension Reform  Huffington Post1 month ago The Public Pension Reform Scheme is Coming Your Way  CounterPunch1 month ago
Washington Post

Educators pressure Illinois lawmakers over school funding

Image 1 of 9 Teachers, retirees and activists from Chicago and elsewhere march during a rally from the state Capitol in Springfield, Ill., Wednesday, April 20, 2016. Hundreds of demonstrators are expected to converge on Springfield to point out ...
 Houston Chronicle1 month ago Republican Governor is a 'New ISIS Recruit'  Daily Kos1 month ago Chicago teachers strike over contract, budget  Equilibrio Informativo1 month ago Chicago teachers go on strike  Gulf News1 month ago
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Fast Facts: Illinois' 5 Pension Funds By The Numbers

Since 1996, Illinois has appropriated $67.3 billion to the state's five retirement systems, according to the General Assembly's Commission on Government Forecasting and Accountability. The Teachers' Retirement System has received nearly 52 ...
 Huffington Post1 month ago

Appeals Court Rules Advocate Health Care Network Is Not a Church Plan Exempt from ERISA Laws

(GLOBE NEWSWIRE) -- A federal appeals court has ruled that a pension plan established by Illinois-based Advocate Health Care Network does not qualify as a church plan exempt from the Employee Retirement Income Security Act (ERISA), the federal ...
 Financial Buzz2 months ago
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Zero Hedge

Chicago Attempts Yet Another Tax Increase to Rescue Pensions

Posted by Daniel Savickas, Americans for Tax Reform, on Tuesday, May 24th, 2016 Chicago Mayor, Rahm Emanuel, is trying to save his city's bleeding pension fund by raising its phone tax for the second time in as many years. This new tax increase ...
 Illinois Manufacturing Association3 days ago Fitch Downgrades Chicago After "Worst Possible Outcome" In State Supreme Court Pension Reform Bid  Zero Hedge2 months ago Countdown To Insolvency Begins For Chicago Pensions As State Supreme Court Rejects Reform Bid  Zero Hedge2 months ago

Congress needs to act on pension debt disclosures

In an extensive report on Puerto Rico's flagging public employee pension systems, Reuters notes that: Since Puerto Rico gained self-rule in the late 1940s, improvident populist governments have lavished additional pension benefits on public ...
 American Enterprise Institute1 month ago GASB public employee pension disclosures aren't merely insufficient, theyre part of the problem  American Enterprise Institute2 months ago

SSM Health in Cross Hairs of Latest Church Plan Lawsuit

By Jacklyn Wille April 5 — The recent influx of lawsuits challenging hospitals' pension funding levels doesn't appear to be slowing down, with the latest one accusing SSM Health Care Corp. of a $723 million pension shortfall in violation of ...
 Bloomberg BNA1 month ago New Church Plan Lawsuit Alleges Underfunding of $204M  Bloomberg BNA2 months ago
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