Reports

HJRCA 49: A Constitutional Amendment Regarding the Rules Governing Pension Benefit Increases

Release: August 27, 2012

This Issue Brief provides an overview of the state pension systems' underfunding and an analysis of House-Joint Resolution Constitutional Amendment (HJRCA) 49. HJRCA 49 would create a new section to the Illinois Constitution. 

Issue Brief: Analysis of the Governor’s Office of Management and Budget’s Pension Stabilization Summary

Release: August 1, 2012

This Issue Brief provides a synopsis of the core changes the Quinn Administration proposed for the state pension systems and an analysis of the cost saving estimates produced by the Governor's Office of Management and Budget.