Pensions

Illinois House Floor

Illinois House OK’s Ban On Pension Double-Dipping

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

10/27/2011

Illinois State Capitol

Proposed Legislation Takes Aim At Pension Double Dippers

New proposed legislation aims to close the loopholes that have allowed some Chicago labor union leaders to collect massive public pensions.

CBS Chicago–10/12/2011

Community College

BGA Investigation: Community College Pensions ‘Run Amok’

They’ve been called the poster children for a system run amok. The Better Government Association has found retired community college teachers bringing in six-figure retirement checks – earning far more state money in retirement than they did on the job.

CBS 2–09/07/2011

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

Retired Pols Drawing Six-Figure Pensions

Some of the most notable — and even some of the most obscure — retired state officials are drawing massive pensions as the Illinois budget is bleeding red ink, a Better Government Association report reveals. CBS 2’s Jim Williams reports.

04/28/2011

Dan Rutherford (Photo From Facebook)

Union Objects To Treasurer’s Pension Reform Plan

The union representing many state employees disagrees strongly with Illinois Treasurer Dan Rutherford’s plan to require state workers to contribute more to their pensions.

WBBM Newsradio–04/21/2011

Gavel, Court, Generic Sized Image

DuPage Chairman Seeks To Halt Pension Abuses

In a bid to control pension costs, the DuPage County Board has created a special committee to look into solving the problem.

WBBM Newsradio–04/13/2011

Mayor Elect Rahm Emanuel addresses the press at the Union League Club in Chicago.  (Credit: CBS)

Emanuel: No Property Tax Hike To Fix Budget

On his first full day as mayor-elect of Chicago, Rahm Emanuel said Wednesday that he would not consider a property tax hike to address the city’s underfunded pension systems.

CBS Chicago–02/23/2011

Pat Quinn (Left, Frank Polich/Getty Images), Scott Walker (AP Photo)

Quinn Supports Wisconsin Senators Hiding In Illinois

A number of Wisconsin Democrats are hiding out in Chicago, making a stand against a Republican plan to balance the state budget by cutting the pay, benefits and collective bargaining rights of public workers.

02/18/2011

Rahm Emanuel

City Workers Wonder How Emanuel Got Addresses

Some city workers are wondering whether someone inside City Hall is slipping private information about them to the Rahm Emanuel mayoral campaign.

WBBM Newsradio–02/17/2011

Laurence Msall

City Pension Crisis Called ‘Ticking Time Bomb’

Yet another warning has been issued about Chicago’s looming public pension crisis.

WBBM Newsradio–02/10/2011

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

Oak Brook Village President Collects 4 Pensions

The village president of west suburban Oak Brook regularly decries the public pension gravy train, but now an investigation finds he and his wife are riding it.

WBBM Newsradio–01/11/2011

Governor Pat Quinn (Scott Olson/Getty Images)

Daley To Quinn: Don’t Sign Pension Reform

The mayor says a plan to change the pension benefit structure for police and fire personnel will end up slamming taxpayers.

WBBM Newsradio–12/09/2010

Gov. Pat Quinn

Quinn Won’t Say If He’ll Sign Pension Bill

Gov. Pat Quinn will not say if he plans to sign new pension legislation that has Mayor Richard M. Daley upset over increased costs they say could send property taxes skyrocketing.

CBS Chicago–12/03/2010

Regional Transportation Authority Logo

RTA Moves To Stop Pension Abuse

Comes one day after the release of the latest report to document irregularities at Metra under its late executive director, Phil Pagano.

WBBM Newsradio–10/22/2010

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