Illinois pensions

Illinois Teacher Pensions
1:37 pm
Wed May 16, 2012

Madigan teacher pension proposal targets local Ill. money

The interior of the dome at the Illinois State Capitol.
(via Flickr/jglazer75)

Illinois cities and schools would lose hundreds of millions of dollars under a pension proposal from House Speaker Michael Madigan.

Madigan wants to consider dipping into a tax stream that provides about $1.4 billion for local government. He would use that money to pay state costs for providing pensions for teachers.

A spokesman says the powerful Chicago Democrat is trying to jumpstart discussions about reducing Illinois pension expenses.

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Illinois Pension Plan
12:38 pm
Fri April 20, 2012

Quinn: Delay retirement, charge employees more in proposed pension plan

Ill. Gov. Pat Quinn.
(UPI/Bill Greenblatt)

Will be updated.

Updated 2:07 p.m. with more information on downstate schools, cause of pension problem.

Ill. Gov. Pat Quinn wants to raise the retirement age for Illinois public employees and require them to contribute more money to their retirement funds.

Those are the key parts of what Quinn calls a "bold plan" to shore up state pension systems. They're now about $85 billion short of the money they'll eventually need.

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Morning round-up
9:23 am
Mon February 20, 2012

Morning headlines: Monday, February 20, 2012

The University of Missouri System's flagship campus in Columbia, Mo.
(via Flickr/Adam Procter)

University of Missouri Curators to consider raising tuition today

The special meeting comes after the governing board postponed consideration of a tuition increase three weeks ago at its regular meeting in Kansas City. This time, the curators will meet by video teleconference along with new university president Tim Wolfe.  

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Morning round-up
9:31 am
Tue January 31, 2012

Morning headlines: Tuesday, January 24, 2012

The dome of the Ill. Capitol.
Flickr/jglazer75

Spring session kicks off today in Illinois

Legislative leaders say budget items are expected to top the agenda in the coming weeks. Those items include the state's troubled pension system and Medicaid costs.

House Deputy Majority leader, Democrat Frank Mautino, says Medicaid reform could end up being more controversial than pensions. Mautino says payment cycles are stretching too long and that cuts have to be made.

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"Pension Abuse" / Illinois
11:31 am
Thu January 5, 2012

Quinn signs pension reform into law, aims to end practice of "double-dipping"

Ill. Gov. Pat Quinn.
(via Flickr/ChrisEaves.com)

Gov. Pat Quinn has signed into law pension reforms aimed at fixing some loopholes in the system.

The law takes effect immediately. It aims to end the practice of so-called double dipping for public employees. In some cases, employees took leaves to work for their unions but continued to build benefits in government pension systems based on union pay.

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Morning round-up
9:25 am
Tue December 13, 2011

Morning headlines: Tuesday, December 13, 2011

The Missouri Supreme Court will hear oral arguments Tuesday, December 13, 2011 over whether public defender offices can turn away cases.
Flickr/david-shane

Mo. Supreme Court to hear arguments in public defender case

A case that could decide how Missouri public defenders deal with case overload will be heard by the state's Supreme Court today. In July 2010 the public defender office in Christian County announced it had reached its case threshold and could take no more cases. The next month a judge assigned an indigent defendant to that office anyway and the public defender system filed suit.

St. Louis University law professor Susan McGraugh says the high court's decision could have a big impact.

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Morning round-up
9:17 am
Mon December 12, 2011

Morning headlines: Monday, December 12, 2011

St. Louis County Executive Charlie Dooley.
St. Louis County website

Dooley admits "missteps"

St. Louis County Executive Charlie Dooley admits that he made missteps over the last few months as Missouri's largest county tried to deal with an unprecedented budget shortfall. Dooley told the St. Louis Post-Dispatch that he made what he called clumsy mistakes, saying the recession is "new territory" for the county.

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Rod Blagojevich
4:51 pm
Thu December 8, 2011

Illinois AG: Blagojevich has forfeited state pension benefits

Former Illinois Gov. Rod Blagojevich.
(UPI/Bill Greenblatt)

Reporting from Illinois Public Radio's Sean Crawford used in this report.

Rod Blagojevich has forfeited all his state pension benefits. That's the opinion of Illinois' Attorney General.

The legal opinion likely means Blagojevich won't begin getting checks when he turns 55 this weekend.  The board overseeing the General Assembly Retirement System moved earlier this year to block the payments. 

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Ill. House / "Pension Abuse"
2:24 pm
Tue November 29, 2011

Illinois lawmakers send Quinn pension reform bill

The Illinois State Capitol building in Springfield, Ill.
(via Flickr/jglazer75)

Update: Illinois Public Radio's Amanda Vinicky reports via Twitter that the two lobbyists in question - David Piccioli and Steve Preckwinkle - believe the pension reform bill is unconstitutional and are reviewing legal options.

The Illinois General Assembly has sent legislation to Gov. Pat Quinn that would curb pension abuses.

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Ill. House / "Pension Abuse"
1:44 pm
Thu October 27, 2011

Ill. House adopts ban on 'crafty' pension abuse

An inside view of the dome of the Illinois State Capitol building in Springfield, Ill.
(via Flickr/jglazer75)

The Illinois House has voted to crack down on public pension abuses.

Lawmakers voted 111-3 Thursday to prevent public employees who served in union positions from receiving pensions from both the government and the union.

The measure sponsored by House Minority Leader Tom Cross also limits the size of pensions. An employee who takes a leave of absence from his public job to serve in a union post must receive a pension based on his public salary before the leave -- not the higher union salary.

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