Tagged: Illinois budget

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Morning round-up
8:23 am
Mon June 18, 2012

Morning headlines - Monday, June 18 2012

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Guards charged with assault for inmate fight

Two guards at the medium security jail in St. Louis City are facing burglary and assault charges for allegedly arranging to have one inmate at the workhouse beat up another.

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Ill. pensions
5:52 am
Thu May 31, 2012

Surprise move by House Speaker Madigan could clear way for pension overhaul

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Amanda Vinicky contributed reporting from Springfield.

Illinois lawmakers will take a shot today at passing a massive overhaul of the state's pension system.

It's a move permitted by a surprise decision last night by House Speaker Michael Madigan, who handed control of the measure over to the top Republican in the House, Tom Cross.

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Illinois pensions
12:17 pm
Tue May 29, 2012

Ill. House committee approves pension changes

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The Ill. State House has approved legislation that makes drastic changes to state employee pensions.

Brian Mackey contributed reporting from Springfield.

An Illinois state House committee has approved sweeping changes to public employee pensions.

It's one of Gov. Pat Quinn's priorities for the legislative session that ends on Thursday.

Current and retired state and university employees, and public school teachers would face a difficult choice; keep their health care in retirement and have future pay raises count toward their pensions, but a smaller cost-of-living adjustment (COLA), or keep the current 3 percent compounding COLA but lose health care.

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