Pensions

Politics Over Policy: Swift 'Reform', Questionable Savings, Delayed Consequences

Release: January 25, 2011

Information on Public Act 96-1495, which created a second, reduced pension benefit tier for Illinois' public retirement systems

The Illinois Pension Funding Problem: Why It Matters

Release: November 20, 2006

An analysis of the five Illinois retirement systems finds that the state's worst-in-the-nation unfunded pension liability has grown by more than $7 billion in just the last two years.