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4:10pm

Mon Mar 28

Fitch Downgrades Chicago's Credit Rating To Just Above Junk Status

Fitch Ratings downgraded Chicago's credit rating Monday to “BBB-,” one notch above junk status.

News

2:55pm

Thu Jan 28

Carle Hospital System To Appeal To IL Supreme Court On Tax Ruling

The Urbana-based Carle Foundation Hospital system plans to appeal to the Illinois Supreme Court on a ruling involving the taxation of hospitals.

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Associated Press

News

9:32am

Mon Oct 12, 2015

Chicago Park District Pension Overhaul Faces Court Challenge

A law aimed at tackling the Chicago Park District's pension program is facing a court challenge after current and former workers filed a lawsuit against the city last week seeking to undo the changes.

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Chicago Tribune

News

1:11pm

Fri Jul 24, 2015

Chicago Pension Overhaul Deemed Unconstitutional

An overhaul of the city of Chicago's Municipal Employees and Laborers pension funds is "unconstitutional and void," a Cook County Judge ruled Friday.

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Chicago Tribune
Chicago Sun-Times

News

4:44pm

Tue Jun 16, 2015

Health Insurance Refunds Going Out To State Government Retirees

Over 94,700 state government retirees have begun to receive refunds for past health insurance premium payments they made after a 2012 state law cut their free health insurance.

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State Journal-Register

News

9:59am

Fri May 15, 2015

Chicago's Credit Rating Gets Another Downgrade

The city of Chicago's credit rating has been downgraded, again. This time by Standard & Poor's.

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Associated Press
Chicago Tribune

News

11:10am

Wed May 13, 2015

Cullerton Proposing New State Pension Reform Measure

Illinois Senate President John Cullerton (D-Chicago) is putting forward a state pension reform proposal that is a revamp of the one he proposed back in 2013, which had union support and offered pensioners a choice in their retirement benefits.

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Chicago Tribune

PI Original

by Ellyn Fortino

11:02pm

Mon May 11, 2015

After Pension Ruling, Experts Say Illinois Lawmakers Should 'Face Up' To Need For New Revenue

State of Illinois

After the Illinois Superme Court struck down the state's 2013 pension-cutting law on Friday, some economic and political experts say Springfield lawmakers and Gov. Bruce Rauner need to get serious about new revenue options to help address the state's pension and budgetary pressures.

News

7:52am

Wed Mar 11, 2015

Illinois Supreme Court To Hear Arguments On Pension Case

The Illinois Supreme Court will hear oral arguments Wednesday on the state's controversial pension reform overhaul.

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Associated Press

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