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.
Analysis of the FY2013 Proposed Illinois FY2013 General Fund Budget
Release: April 8, 2012
This Report provides an analysis of the FY2013 General Fund budget proposed by Governor Pat Quinn on February 22, 2012.
Issue Brief: Shifting the Normal Cost & Employer "Pick-Ups" for Teachers
Release: March 7, 2012
This Issue Brief provides an overview of school districts contributions to the Teachers Retirement System, facts concerning the issue of employer pick-ups, and how shifting the responsibility for paying for teacher pensions would impact school districts.
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