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pension

Photo Of $20 And $10 Bills. (AP Photo)

Report: Chicago Ridge Officials Question Ex-Police Chief’s Disability Pay

Officials in Chicago Ridge want to revisit a deal they made with their former police chief over his disability pay.

CBS Chicago–09/18/2012

File Photo (Photo by Chung Sung-Jun/Getty Images)

Inaction On Pension Reform Costing Illinois $12.6 Million A Day: Quinn

The state could be another $1 billion or so in the hole before the Illinois General Assembly does anything. CBS 2 Chief Correspondent Jay Levine reports.

06/21/2012

Mayor Rahm Emanuel

Mayor Emanuel Pushes Pension Reform In Springfield

Mayor Rahm Emanuel went to Springfield on Tuesday to speak to state lawmakers about the need for pension reform at the city and state levels.

CBS Chicago–05/08/2012

Richard M. Daley (Peter Macdiarmid/Getty Images)

BGA Blasts Pension Sweeteners For Daley, Aldermen

The Better Government Association is denouncing the latest examples of alleged government pension manipulation, uncovered by a Chicago Tribune investigation.

WBBM Newsradio–05/02/2012

Gov. Pat Quinn

Quinn’s New Pension Plan Would Increase Contributions, Raise Retirement Age

Gov. Pat Quinn announced a pension plan Friday that he says will fix the state’s overtaxed and underfunded public pension system.

CBS Chicago–04/20/2012

U.S. cash (Bertrand Langlois/AFP/Getty Images)

New Website Could Help Pressure Lawmakers, Employees To Fix Pensions

A new voice and a new website were added Monday to the effort to avert what appears to be the potential collapse of Illinois public employee pension funds. CBS 2 Chief Correspondent Jay Levine reports.

04/09/2012

Better Government Association logo. (Credit: BGA)

BGA Probe: Ex-City Colleges Boss Got Sweetheart Retirement Deal

He could be the king of double-dipping in Chicago. The Better Government Association says what’s happening with Chicago State University President Wayne Watson proves the public pension system is broken.

CBS 2–03/28/2012

Gov. Pat Quinn (Credit: CBS)

Gov. Quinn Signs Law To End Pension ‘Double-Dipping’

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

01/05/2012

Marcus Wright's New Year's resolution is to increase his personal contributions to his 401(k) plan. (Credit: CBS)

Survive This Economy: Retirement Planning

The New Year is a good time to think about new ways you and your family can “Survive This Economy.” Marcus Wright has one very important New Year’s resolution. He’s increasing his contribution to this 401(k) plan.

CBS 2–01/03/2012

Rod Blagojevich

Madigan: Blagojevich Should Lose His Pension

A day after he was sentenced to 14 years in prison, disgraced former Gov. Rod Blagojevich got more bad news when Illinois Attorney General Lisa Madigan issued a legal opinion that he shouldn’t collect his state pension.

CBS Chicago–12/08/2011

Rod Blagojevich

State Lawmaker Wants To Keep Blagojevich From Collecting Pension

On Dec. 10, deposed Gov. Blagojevich will turn 55, and that means he can start collecting his state pension.

CBS Chicago–10/26/2011

Mayor Richard M. Daley

Daley’s Pension Plan Renews Calls For Reform

There are renewed calls for changes in the way government pensions are funded in Illinois, following a report on the kind of pensions Mayor Richard M. Daley is in line for.

CBS Chicago–05/03/2011

Mayor Daley At Wheaton College

Daley Set To Collect $184,000 Annual Pension

WBBM Newsradio 780 has learned Mayor Daley will be receiving government pensions totaling nearly $200,000 a year.

WBBM Newsradio–04/29/2011

Bud Selig

Dorfman: Fair Or Foul, On The Field And Off

Don Dillard is 93 years old. He played parts of six seasons in Major League Baseball with the Indians and Braves. Yesterday he got some good news, he will receive an annual payment of up to $10,000 for his time in baseball

670 The Score–04/22/2011

City Hall

Inspector General Questions Savings From Furlough Days

The city’s Budget director is taking issue with an Inspector General’s report accusing the Daley Administration of overstating how much it is saving through employees’ unpaid furlough days.

WBBM Newsradio–02/16/2011

Jon Burge

Atty. Gen. Madigan Sues To Block Burge’s Pension

Illinois Attorney General Lisa Madigan filed a lawsuit Monday morning to stop former Chicago Police Cmdr. Jon Burge from collecting a pension.

CBS Chicago–02/07/2011

Jon Burge

Jesse Jackson Plans To Sue To Block Burge Pension

Rev. Jesse Jackson said Saturday that he plans to file a lawsuit seeking to strip former Chicago Police Lt. Jon Burge of his pension.

CBS Chicago–01/29/2011

Jon Burge

Weis Critical Of Decision Allowing Burge To Keep Pension

Chicago Police Supt. Jody Weis says he’s embarrassed by the police pension Board decision to allow former Cmdr. Jon Burge keep his pension.

WBBM Newsradio–01/28/2011

Jon Burge

Former Chicago Cop Jon Burge To Keep Pension

Disgraced former Police Lt. Jon Burge will get to keep is nearly $3,100 a month pension, a sharply divided panel decided on Thursday.

01/27/2011

Mayor Richard M. Daley (credit: John Gress/Getty Images)

Daley Warns Lawmakers Against Pension Bill

Mayor Richard Daley is speaking out against legislation he says could hit Chicago homeowners and businesses hard, while trying to shore up employee pension funds.

12/01/2010

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