SPRINGFIELD – The state saw its unfunded pension liability decrease in fiscal year 2021 for the first time in four years, due in large part to investment returns exceeding 20 percent,…
SPRINGFIELD – On Jan. 14, 2019, Democratic Gov. J.B. Pritzker was sworn into office. A billionaire businessman from Chicago with no prior experience as an elected official, he took…
SPRINGFIELD — Illinois Treasurer Michael Frerichs on Nov. 18 continued to promote a new state program which he says is a first step to alleviating a nationwide “retirement crisis.”…
Chicago Mayor Lori Lightfoot says that the city must come together to face its tough fiscal problems and that she will look to join forces with other municipalities in the state to…
The Illinois High School Association brings in revenue from state-funded high schools, but judges ruled that does not mean it needs to disclose how it funds its pension plan. Because…
SPRINGFIELD — A new law signed by Democratic Gov. J.B. Pritzker Wednesday will consolidate 649 downstate and suburban police and firefighter pension funds into just two. Pritzker…
In the heart of Illinois, the city of Peoria cut its workforce by almost one-fifth to pay its annual obligations for police and firefighter pensions. In northern Illinois, Waukegan…
SPRINGFIELD — The state’s largest teachers’ union on Wednesday, May 22 called on Illinois lawmakers to lift a state-imposed cap on the size of pay raises they can receive, saying…
McHenry man charged with residential ...A McHenry man was charged with three felonies and two misdemeanors involving ...
Community pulls together to save ...After months of uncertainty and urgent repairs, the Metamora Community Pool has ...
Chicago teen charged in fatal ...A 19-year-old Chicago man has been charged in connection with a fatal ...
Government, defense spar as child ...With the criminal trial of Elburn veterinarian Adam Stafford King fast approaching ...
