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About 406 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, 1 month ago
Cutting pension benefits of Chicago city employees violated Illinois constitution CCH Business & Corporate Compliance, 1 month ago
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 Journal1 day 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 days ago

Congress can solve Illinois pension crisis

Most people don't care whether pensions are underfunded. After all, retirement is far in the future. But if their income taxes are going to go up because state pensions are underfunded — that's another story. One advantage Illinois has is that ...
 CapX5 days ago The Mess in Illinois and the Public Trust Case for Pension Reform  Huffington Post1 week ago Four Ohio Trucking Companies Must Pay $3.4 Million to Central States Pension Fund  Transport Topics1 week ago Pushing the case for cost-cutting pension reform  California Political Review2 weeks 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 Chronicle2 weeks ago Republican Governor is a 'New ISIS Recruit'  Daily Kos1 week ago Chicago teachers strike over contract, budget  Equilibrio Informativo1 month ago Chicago teachers go on strike  Gulf News1 month ago

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 Buzz1 month ago

New Church Pension Plan Lawsuit Makes 7 in Past Month

By Jacklyn Wille April 19 — Seven class actions have been filed in the past month challenging how religious hospitals fund their pension plans, with the latest lawsuit accusing Bon Secours Health System Inc. of having a $390 million pension ...
 Bloomberg BNA2 weeks ago SSM Health in Cross Hairs of Latest Church Plan Lawsuit  Bloomberg BNA4 weeks ago New Church Plan Lawsuit Alleges Underfunding of $204M  Bloomberg BNA1 month ago Church Plan Challengers Score Second Appellate Victory  Bloomberg BNA1 month 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 Institute3 weeks ago GASB public employee pension disclosures aren't merely insufficient, theyre part of the problem  American Enterprise Institute1 month ago

BLACKROCK : A 10th anniversary look-back: retirement readiness post-PPA

This August will mark the 10th anniversary of the Pension Protection Act of 2006 (PPA), the most comprehensive pension reform legislation since ERISA's enactment in 1974. Among the PPA's provisions, the bill enabled employers to automatically enroll ...
 4 Traders1 month ago
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