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Teachers Retirement System

Better Government Association logo. (Credit: BGA)

BGA: Teachers Retirement System Fund In Trouble

Illinois’ public employee pension funds are in trouble. The state’s largest retirement account is financially strapped, and many say it cannot go on unless big changes are made.

CBS 2–04/18/2012

File Photo (Ian Waldie/ Getty Images)

Teachers’ Pension Director Weighs Cutting Payouts To Retired Teachers

Illinois public school teachers and retirees could have reason to worry about the kinds of pension checks they will be getting down the line.

CBS Chicago–04/02/2012

Illinois House Speaker Michael Madigan

Madigan: School Districts Should Start Contributing To Teacher Pensions

Illinois House Speaker Michael Madigan says local school districts haven’t been paying into their teachers’ retirement systems, and he thinks it may be high time that they did.

CBS Chicago–01/24/2012

Springfield businessman William Cellini has been nicknamed both "The King of Clout" and "The Pope" for his significant influence in Illinois politics. (AP File Photo)

Defense Tries To Distance Cellini From Blagojevich

An attorney for an Illinois powerbroker on trial in the last case directly linked to a federal investigation of Rod Blagojevich sought in his opening statement Thursday to distance his client from the disgraced former governor.

CBS Chicago–10/06/2011

Springfield businessman William Cellini has been nicknamed both "The King of Clout" and "The Pope" for his significant influence in Illinois politics. (AP File Photo)

Jury Selection Begins For Trial Of Powerbroker Cellini

Jury selection has begun in the trial of Springfield businessman and powerful political insider William Cellini, on charges that he shook down a Hollywood producer for campaign contributions.

CBS Chicago–10/02/2011