pension reform http://peoriapublicradio.org en Ardis on pension reform http://peoriapublicradio.org/post/ardis-pension-reform <p><span style="line-height: 1.5;">Statewide community leaders say ballooning police and fire pensions are crippling their budgets. Mayors again lobbied for pension reform in Springfield last week.</span></p><div> Mon, 05 May 2014 12:13:36 +0000 Tanya Koonce 22810 at http://peoriapublicradio.org Ardis on pension reform Illinois pension reform is law http://peoriapublicradio.org/post/illinois-pension-reform-law <div>A major overhaul of Illinois' pensions is now law. Governor Pat Quinn held a private bill-signing ceremony Thursday in Chicago. A&nbsp;court challenge seeking to stop it from taking effect is certain.&nbsp;</div><p> Thu, 05 Dec 2013 22:39:02 +0000 Tanya Koonce & Amanda Vinicki & Jeff Bossert 15917 at http://peoriapublicradio.org Illinois pension reform is law Judge agrees to hear suit over legislative pay http://peoriapublicradio.org/post/judge-agrees-hear-suit-over-legislative-pay <div>Illinois lawmakers will likely have to miss at least one more paycheck.&nbsp;<span style="line-height: 1.5;">A Cook County judge Tuesday agreed to hear oral arguments next month over the veto of legislative pay.</span></div><div> Tue, 06 Aug 2013 18:55:35 +0000 Tony Arnold 10003 at http://peoriapublicradio.org Judge agrees to hear suit over legislative pay Daley says he wants to see IL's income tax drop http://peoriapublicradio.org/post/daley-says-he-wants-see-ils-income-tax-drop <div>A candidate for Illinois governor says he wants to see the state’s income tax rate drop in 2015. Democratic challenger Bill Daley says two years ago, the legislature approved a hike in the income tax rate. He’d allow that hike to expire in two years.</div><div> Tue, 23 Jul 2013 11:03:59 +0000 Tony Arnold 9280 at http://peoriapublicradio.org Daley says he wants to see IL's income tax drop Quinn eliminates salaries for lawmakers http://peoriapublicradio.org/post/quinn-eliminates-salaries-lawmakers <div>Governor Pat Quinn Wednesday used his veto power to eliminate salaries for Illinois legislators. As IPR’S Brian Mackey reports, Quinn says until lawmakers fix the state's pension problem, they shouldn't get paid.</div><div><p><span style="line-height: 1.5;">On Illinois' $100-billion unfunded pension liability, Quinn has been setting deadlines for more than a year.&nbsp;</span><span style="line-height: 1.5;">Until now, there haven't been any direct consequences for lawmakers when they've blown each of those deadlines. Quinn changed that in a big way.</span></p></div><div> Wed, 10 Jul 2013 17:03:28 +0000 Brian Mackey 8632 at http://peoriapublicradio.org Quinn eliminates salaries for lawmakers Daley says there should be limits on when candidates can raise cash http://peoriapublicradio.org/post/daley-says-there-should-be-limits-when-candidates-can-raise-cash <div>A candidate for Illinois governor says politicians should be limited as to when they can raise campaign cash.</div><div> Tue, 02 Jul 2013 11:53:44 +0000 Tony Arnold 8235 at http://peoriapublicradio.org Daley says there should be limits on when candidates can raise cash Will special committee succeed in solving state's pension problem? http://peoriapublicradio.org/post/will-special-committee-succeed-solving-states-pension-problem <div>The Illinois General Assembly's one-day special session on pensions came and went Wednesday. Governor Pat Quinn had initially demanded lawmakers send him legislation to overhaul the state's underfunded pension systems, but in the end he settled for a special committee.&nbsp;</div><div> Thu, 20 Jun 2013 11:24:06 +0000 Denise Molina & Brian Mackey 7647 at http://peoriapublicradio.org Will special committee succeed in solving state's pension problem? Special session on pension reform begins today http://peoriapublicradio.org/post/special-session-pension-reform-begins-today <div>Members of Illinois' General Assembly return to the capitol Wednesday for a special session on pensions where they're expected to pass off the problem to a yet another legislative committee. IPR'S Amanda Vinicky reports.</div><div><p><span style="line-height: 1.5;">What to do about Illinois' $100 billion pension debt has confounded legislators for years.</span></p> Wed, 19 Jun 2013 12:16:38 +0000 Denise Molina & Amanda Vinicky 7585 at http://peoriapublicradio.org Special session on pension reform begins today Senate hears pension reform proposal for university employees http://peoriapublicradio.org/post/senate-hears-pension-reform-proposal-university-employees <p>As lawmakers began returning to Springfield Tuesday, they had a hearing to consider the merits of yet another pension proposal. This one is aimed just at people who work for Illinois' public universities. IPR'S Brian Mackey has more.</p><p></p><p><span style="line-height: 1.5;">Illinois university employees would be asked to pay two percent more out of every paycheck. And when they retired, cost-of-living increases would be just half the rate of inflation, instead of the current three percent compounded annually.</span></p><p> Wed, 19 Jun 2013 12:08:09 +0000 Denise Molina & Brian Mackey 7584 at http://peoriapublicradio.org Senate hears pension reform proposal for university employees Bill Daley attacks rivals on pension reform http://peoriapublicradio.org/post/bill-daley-attacks-rivals-pension-reform <p>Bill Daley is attacking his Democratic rivals ahead of next year’s race for Illinois governor. His main beef with them - how they’ve handled proposed reforms to the state’s retirement systems. IPR’S Tony Arnold reports.</p><p></p><p><span style="line-height: 1.5;">Daley says incumbent Governor Pat Quinn hasn’t been a good leader on what many call the top issue facing Illinois, cutting the state’s 100 billion dollar pension debt.</span></p><p> Mon, 17 Jun 2013 19:17:23 +0000 Denise Molina & Tony Arnold 7491 at http://peoriapublicradio.org Bill Daley attacks rivals on pension reform