retirement

St. Louis on the Air
4:46 pm
Wed June 25, 2014

Are You Ready To Live Until You’re 100 or 120? You Just May Need To Be

American Edna Parker was the oldest living person in the world when she died in 2008. In this 2007 photo she was 114.
Credit via Wikimedia Commons

According to the Pew Research Center, hundreds of thousands of Americans could live to see 100 by the year 2050. Women in France, Japan and the United States have already lived past the age of 114. With the now realistic possibility that individuals may live into the triple digits, planning ahead for retirement becomes both more important, and more challenging.

Living Longer

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Politics
2:45 pm
Thu October 18, 2012

Ill. Voters File Lawsuit Challenging Retirement Benefits Ballot Question

A ballot question in Illinois regarding retirement benefits for public employees has been challenged with a lawsuit.
(via Flickr/aperte)

A group of voters is challenging the validity of a measure on this fall's ballot that would make it more difficult to improve retirement benefits for public employees.

In a statement Thursday, Republican state Senate candidate John Bambenek, of Champaign, said he and 10 other Illinois residents filed a lawsuit arguing the question is unconstitutional.

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Illinois State Parks
2:19 pm
Sat August 25, 2012

Retirements leave gap at Ill. state parks

Wallula Junction Flickr

Since late last year, almost a quarter of Illinois state park superintendents have retired, taking with them in many cases 30 or more years of experience that will be hard to replace.
 
The loss of that institutional knowledge is one more cost of the state's deep financial crisis. The Illinois Department of Natural Resources is among state agencies hit hard by years of budget cuts.
 

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Health Insurance
4:02 pm
Wed May 9, 2012

Ill. House: End free health insurance for retired longtime state employees

(via Flickr/Jennifer_Boriss)

Reporting from Illinois Public Radio's Guy Stephens and Brian Mackey was used in this report.

Longtime state employees would no longer be able get free health insurance when they retire under legislation approved by the Illinois House today.

The vote is part of a push to cut pension benefits for government retirees. The governor, House speaker and other officials want to save money by cutting pensions, health care and other costs.

House Republican Leader Tom Cross says it's the first of many difficult votes to come.

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Illinois Legislature / Health Care
2:03 pm
Wed May 2, 2012

Illinois House panel targets retiree health care

(via Flickr/Jennifer_Boriss)

An Illinois House committee wants to take away a perk for government retirees who get a big break on health insurance.

State employees who work for 20 years pay no insurance premium in retirement. A measure to end that benefit cleared the  House Executive Committee, which is controlled by Democrats, without opposition Wednesday.

The American Federation of State, County and Municipal Employees opposes the legislation.

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Business/Post-Dispatch lawsuit
3:37 pm
Mon December 5, 2011

Post-Dispatch faces lawsuit over retiree benefits

Twelve former employees of the St. Louis Post-Dispatch have sued the paper, saying corporate officials lied to them about the benefits the employees would receive after taking an early retirement offer in 2007.

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Kit Bond
4:15 pm
Mon January 3, 2011

Kit Bond to announce new job in private sector

Sen. Christopher "Kit" Bond addresses the 131st National Guard Association of the United States General Conference in Nashville, Tenn., on Sept. 13, 2009. (U.S. Army photo by Staff Sgt. Jim Greenhill, Flickr Creative Commons User The National Guard)

Looks like Kit Bond isn't just moving out of national politics when he retires, but is moving on -- to the private sector.

Bond announced today, via a press release, that he will be having a morning press conference tomorrow in St. Louis to share the details of his next step. A location for the press conference was not listed, but will be announced at 8 a.m.

Illinois Retirement
7:21 am
Mon January 3, 2011

Illinois deemed worst state for retirees by survey

This celebratory tiara was given to Dori Gates at her retirement party after working for 30+ years at Grand Valley State University in Michigan. If Gates lived in Illinois, she'd be living in a state deemed "worst" for retirees. (Via Flickr/ stevendepolo)

The website "TopRetirements.com" mentioned 10 states that retirees should avoid based on fiscal health, taxation and climate.  Topping the list? Illinois. 


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