Pensions
Illinois’ pension system last place for 3rd year in a row
Illinois state pensions have less money to pay retirees than any state according to Equable Institute. It’s the third year in a row for Illinois coming in last. For the third year in a row, Illinois’ government pensions have the lowest…
Kifowit bill risks digging Illinois pension hole deeper
Illinois lawmakers propose a Tier 2 pension expansion that adds costly sweeteners, despite…
Chicago delaying pension payment, running low on cash
Chicago is splitting its 2026 “advance” pension payment, blaming delayed Cook County property…
Cook County property taxes funding pensions more than…
Cook County homeowners face rising property taxes. Three-fourths of that money is going to…
1-in-5 city tax dollars go to Illinois police, fire…
Outside of Chicago, municipal property taxes across Illinois are being consumed by police and…
Illinois alone lets state pension debt top $100B
Illinois’ $143.5 billion state pension debt saw a tiny dip, but meaningful reform is needed to stop threats to taxpayers and protect state retirees. Illinois’ state pension debt was $143.5 billion at the end of fiscal year 2025, down…
$1 million a day X 600 years to fill Illinois pension…
Illinois has the highest pension debt per capita. Even if the state spent an extra $1 million…
Nearly 30,000 Chicago teachers are caught in pension…
Half of retired Chicago pensioners make more than average working Illinoisans, but nearly…
Illinois police pensions lock up local property taxes
Across Illinois, police pensions are taking an ever-greater share of property tax dollars,…
Illinois firefighter pensions torch local finances
In Lake County and across Illinois, fire pensions are driving up property taxes and leaving…
TRENDING
