pension reform

On Election Day 2020, voters here in Illinois said "I don't think so" to the Fair or Progressive Tax that was heavily pushed by Governor Pritzker. So, where do we go from here to straighten out Illinois' financial problems?

The Illinois Supreme Court's ruling on the state's pension reform law seems to make one thing clear: Illinois needs massive reforms to avoid simply becoming a pension provider that does government services on the side. Already nearly 25 percent of every tax dollar in Springfield goes to fund pernsions...

The Illinois Supreme Court has dealt another blow to Illinois' dismal financial picture, unanimously ruling that the state's pension reform law is unconstitutional. The measure was approved by the legislature and signed in December 2013 by then-Gov...

John Gregory -- Illinois Radio Network Pension reform gets its day in court. Defending the 2013 pension law before the Illinois Supreme Court was Illinois Solicitor General Carolyn Shapiro, who said the state is allowed to use its so-called 'police powers' to alter contracts, such as pension benefits, in an emergency...

John Gregory -- Illinois Radio Network Whether the state can legally change pension benefits for state employees will be argued before the Illinois Supreme Court today. Illinois Attorney General Lisa Madigan believes the argument that Illinois in such dire straits financially that it must amend pension benefits will hold up before the court, though it won't erase the entire unfunded liability... R

In the next few months a monumental ruling from the Illinois Supreme Court is expected, in which judges will determine if the state's pension reform law is Constitutional. This comes after a lower court ruled that the law should be struck down...

Ryan Hermes -- Illinois Radio Network A judge in Sangamon County could end the debate today over the constitutionality of changes made to the state’s pension system. The Judge, John Belz, will decide on a motion today – which basically asks him to make a ruling now, instead of continuing with a trial, because the case is so one-sided...

Rachel Otwell -- Illinois Radio Network The state pension overhaul, meant to fix a $100 billion unfunded liability, won’t go into effect this summer as planned. Many state employees and retirees claim the changes are unconstitutional...

Jim Anderson -- Illinois Radio Network A state lawmaker is looking at Plan B, in case the pension restructuring enacted last year is struck down in court. The state must find a way to keep pension benefits from growing, because it’ll never be able to come up with the money to fulfill its promises, says State Sen...