CBS 2 Chicago wbbm7801059 670 The Score

Pension Debt

Gov. Pat Quinn (Credit: CBS)

Quinn: ‘High Noon’ Coming For State’s Pension Mess

Gov. Pat Quinn says, when state lawmakers go back to Springfield for their final session before the new legislature takes over, addressing the pension mess has to be their top priority.

CBS Chicago–12/28/2012

Illinois State Capitol

Unions Willing To Pay More To Keep Unions, If State Guarantees Its Share

State employee unions said Wednesday they’re willing to chip in more of their salaries toward retirements, if the state of Illinois guarantees that it will fully fund its responsibilities toward workers’ pensions.

WBBM Newsradio–12/19/2012

Illinois State Capitol

Illinois Lawmakers Warned About State’s Fiscal Cliff

Congress isn’t the only government body facing a “financial cliff.” Illinois lawmakers also are being warned about the state’s dire financial situation, which could get even worse if the federal government has to slash funding to the states.

WBBM Newsradio–11/15/2012

Illinois State Capitol

Pension Chaos A ‘Negative’ For Illinois Credit Rating

Illinois edged closer to having its worst-in-the-nation credit rating lowered even further as a rating agency declared Thursday that failure to address massive pension problems is a “credit negative” for the state.

CBS Chicago–08/23/2012

Gov. Pat Quinn. (Credit: Craig Dellimore/WBBM Newsradio)

Governor Won’t Launch Pension Reform Push Until Next Month

Gov. Pat Quinn said Tuesday his grassroots campaign on pension reform is going to have to wait a few weeks, despite his feelings of urgency.

CBS Chicago–08/21/2012

Illinois State Capitol

State Worker Retirements Surging Amid Pension Reform Talk

With state lawmakers trying to hash out comprehensive pension reform by the end of the year, Illinois state workers are retiring in record numbers to make sure they preserve their existing benefits.

CBS Chicago–08/13/2012

Walter Jacobson

Walter’s Perspective: No Sympathy For Lawmakers’ Special Session

OMG, have you heard about it? Gov. Pat Quinn is calling the General Assembly into special session to work on the pension crisis in Illinois.

07/31/2012

City Hall

Study: Local Government Pension Debt At More Than $27 Billion

A report being released Monday contains troubling news about the Chicago pension plans covering various municipal employees.

CBS Chicago–06/25/2012

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