Taxing Retirement Income
Release: April 5, 2011
Illinois does not currently tax pensions or retirement funds such as 401(k) plans. This Fact Sheet provides an estimate how much revenue could be generated by taxing some retirement income.
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
Testimony to the Pension Modernization Task Force, Funding Subcommittee
Release: August 26, 2009
CTBA's August 2009, testimony to the Pension Modernization Task Force, Funding Subcommittee.
HB 3798 of the 96th General Assembly
Release: July 15, 2009
Fact Shee on House Bill 1292 of the 96th General Assembly, which would have amended the General Assembly Retirement System (GARS) Article of the Illinois Pension Code to create a defined contribution plan for new members
Debunking Illinois Pension Myths!
Release: February 26, 2009
This Fact Sheet dispels some of the more common, and egregious, myths involving Illinois’ unfunded pension liability.