Rauner's Budget Sets Sights On State's Pension CostsGov. Bruce Rauner calls for gradually shifting the burden of paying for teacher pensions from the state to local school districts.
Chicago Public Schools Takes Out $275 Million LoanChicago Public Schools has turned to JPMorgan Chase for a $275 million loan to keep operating through June and make a contribution to teacher pensions.
No High Hopes For Last-Ditch Hearing On Pension Reform Gov. Pat Quinn made a last-ditch push for state lawmakers in Springfield to pass pension reform, but the effort failed Friday.