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Federal Bill Would Provide Billions for Illinois Pension Crisis Relief

The Illinois pension crisis continues to be the worst in the country. According to a state financial report, Illinois pension funds currently have a shortfall of $137 billion, meaning that only 40 percent of pensions for teachers, state workers, judges, public university employees and local government employees are actually funded. A federal bill called the Read More

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Pension Intercept Requested for East St. Louis Firefighters’ Fund

For the third time since enactment of the Illinois pension intercept law, a municipal employee pension board seeks to have city monies redirected to replenish long-neglected funds.

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