- Illinois governor signs pension overhaul into law Updated: Dec-05-13 5:11 pm
- Key details of decision over Ill. pension crisis Updated: Dec-02-13 7:07 pm
- Treasurer's office seeks $2M for bank contract Updated: Nov-20-13 7:20 pm
- Retiree health program proposes solvency plan Updated: Nov-07-13 6:58 pm
CHICAGO - In a private ceremony attended by a handful of lawmakers, Gov. Pat Quinn signed landmark legislation Thursday to reform Illinois' massively-underfunded pension system, though labor unions immediately threatened a lawsuit challenging the new law.
SPRINGFIELD, Illinois - Illinois lawmakers are convening in the state Capitol for what could be a historic vote to finally close the gap on the state's $100 billion unfunded public pension shortfall, which is considered the nation's worst.
COLUMBIA, South Carolina - The state treasurer's office wants to pay the bank that holds South Carolina's assets $2 million directly from public workers' pension fund without getting approval from the Legislature.
SANTA FE, New Mexico - State and local government workers and taxpayers would chip in an additional $90 million a year to improve the finances of a program providing health care insurance to retired public employees under a proposal endorsed by a legislative study committee Thursday.