Faced with an employee pension crisis that could become his biggest challenge, Chicago Mayor Rahm Emanuel said Thursday he is putting his full force behind getting lawmakers in Springfield to achieve an overhaul of the state’s pension systems.
Sen. Mark Kirk, still recovering from a major stroke, released a video Tuesday that calls for “decisive bipartisan action” to prevent further reductions in Illinois’ credit ratings.
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.
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.
Just follow the money, GOP state chairman Pat Brady tells CBS 2 Chief Correspondent Jay Levine.
Gov. Pat Quinn made a last-ditch push for state lawmakers in Springfield to pass pension reform, but the effort failed Friday.
CBS 2 Chief Correspondent Jay Levine reports on the slim chances Illinois lawmakers will fix the state’s pension mess in an election year.
As he prepared for the special legislative session he called for this Friday in Springfield, Gov. Pat Quinn was shooting down a pension reform proposal being pitched by the state’s labor unions.
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.
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.
Gov. Pat Quinn has called for a special session of the Illinois General Assembly next month in an effort to finally reach a consensus on pension reform.
Wisconsin Gov. Scott Walker was in Chicago on Monday, with some advice on pension reform.
Witnesses describe an expletive-filled phone call to Gov. Pat Quinn over how the governor has dealt with casino gambling and pension reform.
Gov. Pat Quinn and the state’s four legislative leaders remained split on how to fix the state’s severely underfunded public pension systems, though the governor did signal a shift in philosophy regarding teacher pensions.
Gov. Pat Quinn is promising not to give up the fight for pension reform, after lawmakers failed to get a bill passed before the deadline of midnight Thursday night.
The chances of making major reforms to the state’s public pension systems appear to be dead in Springfield, at least for now.
Prospects for pension reform in Illinois improved measurably late Wednesday night, when House Speaker Mike Madigan dropped his proposal to make public schools and state universities pay retirement costs for their employees, rather than the state.
A downstate lawmaker screamed, yelled and threw papers Tuesday, as he expressed frustration about the Democrat-led plan to overhaul the state pension system.
A plan to cut government pensions and shift some retirement costs to schools has cleared its first hurdle in the Illinois Legislature.
Gov. Pat Quinn on Tuesday took the case for pension and Medicaid reform to an Oak Park middle school.
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