THE iLLINOIS OBSERVER
Illinois Pensions
Illinois Pensions: Illinois Mayors Warn of Bankruptcy with no Illinois Police, Fire Pension Changes
(Chicago, IL) — November 17, 2010. Pot holes and even re-election bids had to wait Tuesday for dozens of Illinois mayors, as the local leaders flooded the Illinois Capitol to plead with lawmakers to change the retirement rules for cops and firefighters. Continue reading
Illinois Budget: Pat Quinn Hints at Special Session
(Springfield, IL) — May 27, 2010. After Senate President John Cullerton (D-Chicago) today adjourned the Senate without passing the $4 billion pension borrowing bill, Governor Pat Quinn shortly afterward issued a statement that said the legislature had not finished its work, hinting at a special session. “Our task is not complete, and there’s more that … Continue reading
Illinois Budget: Senator Larry Bomke Expects Speaker Michael Madigan to Push New Budget Through House Without GOP
(Springfield, IL) — May 19, 2010. Republican lawmakers in the Springfield area are lamenting that the Illinois General Assembly could pass a version of the Illinois state budget and conclude the legislative session by the end of this month. With strong majorities in both the Illinois House and Senate, Democratic lawmakers can push through a … Continue reading
Illinois Pensions: Senator Christine Radogno Wants Changes to Current Illinois State Employee Pension Benefits
(Springfield, IL) — April 19, 2010. Illinois Senate Minority Leader Christine Radogno (R-Lemont) backed changes to the Illinois employee pension system that will yield savings of $220 billion during next 30 years, but wants to put current employee benefits on the chopping block if possible. “I know there’s differing opinions as to whether or not … Continue reading
Illinois Pensions: Pat Quinn Claims Pension Reforms to Save Illinois $200 Billion; Praises Michael Madigan, John Cullerton
(Chicago, IL) — April 15, 2010. Governor Pat Quinn yesterday finally signed into law a significant public pension reform bill that will save taxpayers billions of dollars while protecting the retirement of state workers. “From the moment I took office, I have worked to overhaul Illinois’ pension system to provide relief to taxpayers while protecting … Continue reading
Illinois Pensions: “In Praise of Illinois” – Wall Street Journal
(Chicago, IL) — April 8, 2010. Who would have ever thought that Democrats Governor Pat Quinn, House Speaker Michael Madigan (D-Chicago) and Senate President John Cullerton (D-Chicago) might have squeezed from the ultra-conservative Wall Street Journal the headline–”In Praise of Illinois.” But, yep. Last month, Madigan and Cullerton engineered legislative approval of an astounding pension-reform … Continue reading
Illinois Pensions: Madigan, Cullerton Win Swift, Bi-Partisan Approval of Public Pension Reform Plan to Save Illinois $100 Billion
(Springfield, IL) — March 24, 2010. In less than 12 hours, House Speaker Michael Madigan (D-Chicago) and Senate President John Cullerton (D-Chicago) today bulldozed a massive Illinois pension reform bill–which creates a two-tier public employee retirement system–through the Illinois legislature. That’s legislative light-speed. In the unexpected move, Madigan rolled out the legislation, Senate Bill 1946, … Continue reading
Illinois Pensions: Senate President John Cullerton Backs Changes to Illinois Pension System
(Chicago, IL) – February 22, 2010. Senate President John Cullerton (D-Chicago) is willing to change Illinois ghastly underfunded pension to keep the retirement tub from sinking further. Give Cullerton two-points for courage. Crain’s Chicago columnist Greg Hinz snared that precious pension morsel from Cullerton earlier today. The president of the Illinois Senate says he’s interested … Continue reading
David Ormsby, Editor
Gov. Pat Quinn
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IL General Assembly
- Illinois General Assembly Approves Money to Keep Day Care Center Open, Bill ... - WJBD Online May 18, 2012
- State's Minimum Wage Could Become Highest in Country - Patch.com May 18, 2012
- General Assembly puts health exchange bill on back burner - Crain's Chicago Business May 10, 2012
- Legislative update: Budget, pension, Medicaid await Illinois General Assembly ... - NIU Today May 15, 2012
- American Progressive Bag Alliance Urges Illinois General Assembly To Pass ... - MarketWatch (press release) May 1, 2012
- Personal property tax diversion goes nowhere in legislature - The State Journal-Register May 16, 2012
- American Progressive Bag Alliance Urges Illinois General Assembly To Pass ... - PR Newswire (press release) May 1, 2012
- Feds give Illinois more money for insurance exchange as Legislature stalls - Crain's Chicago Business May 17, 2012
- Chicago Cubs, Obama controversy part of final days of legislative session - Examiner.com May 19, 2012
- Our View: Illinois pensions, casinos and Rockford's new bishop in stew - Rockford Register Star May 13, 2012
The Capitol Fax Blog
- Reader comments closed for the weekend May 18, 2012 Rich Miller
- Chicago Tribune: Coal plant closures could send electricity costs soaring May 18, 2012 Advertising Department
- Protected: *** UPDATED x5 *** SUBSCRIBERS ONLY: This just in… May 18, 2012 Rich Miller
- Question of the day May 18, 2012 Rich Miller
- OK, so where’s your plan? May 18, 2012 Rich Miller
- Caption contest! May 18, 2012 Rich Miller
- Topinka: Cigarette tax hike a “common sense solution” May 18, 2012 Rich Miller
- Slots at tracks a possibility? Maybe May 18, 2012 Rich Miller
- AFSCME loses appeal over canceled raises May 18, 2012 Rich Miller
- *** UPDATED x2 - Ricketts gave preliminary approval, lauded TV ad *** Cubs owners try damage control May 18, 2012 Rich Miller