Reports

The Illinois Public Pension Funding Crisis: Is Moving from the Current Defined Benefit System to a Defined Contribution System an Option That Makes Sense?

Release: May 4, 2007

This Report address the most common misconceptions the underfunding of Illinois' pension systems, and reviews the relative strengths and weaknesses of defined benefit versus defined contribution systems from the perspective of both the public sector and taxpayers.

State Pensions, Defined Contribution

Analysis of the Fiscal Year 2008 Illinois General Fund Budget Proposal

Release: May 1, 2007

This Report contains CTBA's analysis of the proposed FY2008 General Fund budget, which was introduced by Governor Rod Blagojevich in March of 2007.

FY2008, State Budget, Gross Receipts Tax, General Fund, Deficit, Debt, State Pensions

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.

State Pensions, FY2006, FY2007, Defined Contribution, Pension Benefits, Pension Holiday, Early Retirement

Economics, Education Funding & the State Fiscal System

Release: October 20, 2006

A presentation on the Illinois economy, and how it relates to education funding.

Illinois Economy, Poverty, Unemployment, Taxes, Inequality, State Spending, FY2007, FY2006, Medicaid, State Pensions, K-12 Education

Analysis of the Fiscal Year 2007 Illinois General Fund Budget Proposal

Release: February 24, 2006

CTBA's analysis of the proposed FY2007 budget.

State Budget, FY2007, State Spending, State Revenue, State Pensions, General Fund, Debt

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