Illinois Board Terminates Hastert's State Lawmaker PensionAn Illinois retirement board is terminating the pension that imprisoned former U.S. House Speaker Dennis Hastert for his service in the Illinois General Assembly.
Illinois Board To Consider Hastert's State Lawmaker PensionIllinois officials are poised to consider the status of the pension Dennis Hastert receives for the time the imprisoned former U.S. House speaker served in the state's General Assembly.
Former City Worker, Convicted In Hired Truck Scandal, Granted PensionAttorneys for the Laborer’s and Retirement Board Employees’ Annuity Fund of Chicago are appealing the ruling.
$3.8M In Back Pension Payments For Female Black FirefightersFive years ago, the city agreed to hire 111 African-American firefighters bypassed by the city’s discriminatory handling of a 1995 firefighters entrance exam.
2 Investigators: Con Artists Hijack Widow's Monthly PensionEileen Scramuzzo lost a total of $3,200. CBS 2's Pam Zekman reports.
Pension Board To Let Fox Lake Officials Comment In Gliniewicz CaseThe Fox Lake police pension board unanimously voted Wednesday to let village officials present evidence when the board convenes in the case of Lt. Joe Gliniewicz and his widow, Melodie Gliniewicz.
2 Investigators: Pensioners Fight Back When Fund Demands Overpayments Be ReturnedMore than 500 retirees were overpaid more than $5 million over 40 years because of mistakes admitted by the Sheet Metal Workers Local 73 pension fund. CBS 2's Pam Zekman has this follow-up report.
CPS CEO Claypool Insists Chicago Not Asking For Special Deal In Plan To Shore Up Teacher Pension Funds The head of the Chicago Public Schools says he can’t understand how Governor Bruce Rauner could oppose the plan Illinois Senate Democrats passed that would help shore up the system’s teacher pension funds.
City Treasurer Kurt Summers Expects Springfield To Act On PensionsOne of the key players in any Chicago pension reforms says he expects some significant moves from Springfield in the coming weeks, regardless of how the State Supreme Court rules on the existing pension deals, reports WBBM Political Editor Craig Dellimore.
High Court Ruling Leaves Pension-Reform Bill In JeopardyPublic-employee unions applauded the high court decision. Lawmakers and pension experts -- not so much. CBS 2 Chief Correspondent Jay Levine reports.
Illinois Supreme Court Rules Burge Can Keep His PensionIn a 4-3 vote, the Illinois Supreme Court on Thursday ruled former Chicago Police Cmdr. Jon Burge can keep his pension, despite his conviction for lying about the torture of criminal suspects.
Ill. Senate Approves Cook County Pension ChangesIllinois lawmakers have quickly advanced a plan to overhaul Cook County's pension system by increasing county payments and reducing some benefits for employees.
Drew Peterson Might Lose $79,000 Police PensionOfficials in southwest suburban Bolingbrook could begin an effort to strip former cop Drew Peterson of his pension, following his conviction for killing his third wife, Kathleen Savio.
More Lawsuits Filed Challenging State Pension CutsThe Illinois State Employees Association Retirees and the Retired State Employees Association filed separate class-action lawsuits in Sangamon County Circuit Court on behalf of their members.
What Does State Reform Mean For Chicago’s Pensions?Now that state lawmakers have taken the tough step of passing state pension reform, what does it mean for Chicago? CBS 2's Dana Kozlov explains.