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Tag Archives: Pensions
There Are No Clean Hands in the Pension Debate
In its May 8th decision, the Supreme Court couldn’t have been plainer as to the priority of pension obligations in the state budget, and placed the greatest portion of the blame for the condition of the pension funds squarely where … Continue reading
Posted in Public Pensions
Tagged Bruce Rauner, General Assembly, Illinois Supreme Court, Pensions
2 Comments
What Happens If Our Pension Plans Go Broke?
We’re now seeing the real face of Illinois’ pension crisis by the cuts being proposed by Governor Rauner in his 2016 budget. In Fiscal 2016, Illinois will owe $6.8 billion to its 5 pension plans, which will account for roughly … Continue reading
Posted in Public Pensions
Tagged Bruce Rauner, General Assembly, Illinois Supreme Court, Pensions
6 Comments