pension http://peoriapublicradio.org en Lawmakers advance Emanuel Chicago pension plan http://peoriapublicradio.org/post/lawmakers-advance-emanuel-chicago-pension-plan <p><span style="line-height: 1.5;">A bill to cut retirement benefits for some City of Chicago employees has made its way to the governor’s desk.&nbsp;</span><span style="line-height: 1.5;">But it’s not clear whether he will sign it. IPR'S&nbsp;</span><span style="line-height: 1.5;">Tony Arnold reports.</span></p><p></p><p><span style="line-height: 1.5;">In one day, the Illinois State House and Senate approved a measure affecting more than 56-thousand city laborers and municipal workers.&nbsp;</span><span style="line-height: 1.5;">The bill would have current employees pay more toward their pensions - while retirees would get less money in benefits.</span></p><div><div> Tue, 08 Apr 2014 22:17:30 +0000 Tony Arnold 21482 at http://peoriapublicradio.org Lawmakers advance Emanuel Chicago pension plan Emanuel touts changes to state pension bill http://peoriapublicradio.org/post/emanuel-touts-changes-state-pension-bill <div>Chicago Mayor Rahm Emanuel is touting some changes to a state bill that would prop up some of the city’s troubled pensions. &nbsp;But the changes may be more political than practical.</div><p> Tue, 08 Apr 2014 00:58:05 +0000 Alex Keefe 21434 at http://peoriapublicradio.org Emanuel touts changes to state pension bill Unions suing to overturn state pension overhaul http://peoriapublicradio.org/post/unions-suing-overturn-state-pension-overhaul <div>A group of Illinois’ biggest public worker unions are now suing to overturn the state’s controversial new pension law. &nbsp;A coalition of labor groups says it stands for more than 620,000 state workers.</div><p> Wed, 29 Jan 2014 06:27:38 +0000 Alex Keefe 18190 at http://peoriapublicradio.org Unions suing to overturn state pension overhaul How much will pension fix save Illinois? http://peoriapublicradio.org/post/how-much-will-pension-fix-save-illinois <div>Illinois' new pension law is under scrutiny on multiple levels. There are several lawsuits from people facing reduced retirement benefits … and now there's question over just how much money it will save.&nbsp;</div><p> Mon, 27 Jan 2014 22:23:20 +0000 Amanda Vinicky 18120 at http://peoriapublicradio.org How much will pension fix save Illinois? Retired workers sue over state pension overhaul http://peoriapublicradio.org/post/retired-workers-sue-over-state-pension-overhaul <p></p><div>A group of retired government workers has sued to block a law that cuts pension benefits for Illinois state employees. It's the latest in what's expected to be a series of lawsuits.&nbsp;</div><p> Thu, 02 Jan 2014 22:09:27 +0000 Brian Mackey 17091 at http://peoriapublicradio.org Retired workers sue over state pension overhaul Illinois joins nation-wide push to curb pensions http://peoriapublicradio.org/post/illinois-joins-nation-wide-push-curb-pensions <p></p><p><span style="line-height: 1.5;">Illinois is just the latest state to vote on legislation to overhaul public pension plans. Heather Kerrigan is a contributor with Governing Magazine. She says this year alone, state and local governments around the country have proposed more than 1,000 pieces of legislation to shore up pensions. And she says almost all of them face the same challenge.</span></p><p> Wed, 04 Dec 2013 22:54:19 +0000 Scott Cameron 15863 at http://peoriapublicradio.org Illinois joins nation-wide push to curb pensions Details on state pension proposal http://peoriapublicradio.org/post/details-state-pension-proposal <p></p><div>Teachers, state employees and retired government workers are staging last-ditch efforts to persuade legislators before a major pension vote Tuesday.&nbsp;</div><p> Tue, 03 Dec 2013 00:43:33 +0000 Amanda Vinicky 15753 at http://peoriapublicradio.org Details on state pension proposal Gov. Quinn mum on local pension overhaul issue http://peoriapublicradio.org/post/gov-quinn-mum-local-pension-overhaul-issue <p>Governor Pat Quinn has emphatically called for an overhaul of the state's pension systems. &nbsp;But he won't say where he stands on a local pension overhaul, one that a major campaign donor wants vetoed.&nbsp;</p><p> Wed, 13 Nov 2013 22:37:44 +0000 Amanda Vinicky 14880 at http://peoriapublicradio.org Gov. Quinn mum on local pension overhaul issue Leading state lawmakers take up pension overhaul http://peoriapublicradio.org/post/leading-state-lawmakers-take-pension-overhaul <p>Overhauling Illinois' pension systems is no longer in the hands of the special committee of legislators that met all summer. &nbsp;How to reduce the state’s $100 billion of long-term pension debt is now in the hands of the General Assembly's four leaders.&nbsp;</p><p> Mon, 11 Nov 2013 21:36:47 +0000 Amanda Vinicky 14747 at http://peoriapublicradio.org Leading state lawmakers take up pension overhaul IL union suggests returning to old pension plan http://peoriapublicradio.org/post/il-union-suggests-returning-old-pension-plan <p></p><div>Even as legislators look for new ways of combating Illinois&#39; pension debt, the state&#39;s largest government workers&#39; union says they should return to an old plan.</div><p> Wed, 16 Oct 2013 22:10:38 +0000 Amanda Vinicky 13506 at http://peoriapublicradio.org IL union suggests returning to old pension plan