By Andrew Thomason | Illinois Statehouse News SPRINGFIELD — A possible change to one of the state’s public pension systems could cast a shadow on any reform Illinois lawmakers enact this summer. The Teachers Retirement System , the largest state-run public pension system, is reviewing the numbers to calculate how much it will make on its investments. If the figure is lower than the current expected rate of return — 8.5 percent — the system’s unfunded liability would increase.
By Jayette Bolinski | Illinois Statehouse News SPRINGFIELD — The Illinois Capitol was quiet a week after lawmakers closed out the spring legislative session, but pension reform negotiations continue behind closed doors in Chicago. Legislative leaders meet with Quinn in Chicago The state’s four top legislative leaders met with Gov.
By Stephanie Fryer | Illinois Statehouse News SPRINGFIELD — Illinois’ two U.S. senators are working together in a bipartisan effort to nominate a replacement for outgoing U.S.
May 31, 2012 By Stephanie Fryer | Illinois Statehouse News House lawmakers on Thursday unanimously passed a measure requiring parents or guardians of any missing child 13 years old or younger to notify police within 24 hours. Children 2 years old and younger must be reported missing within one hour of their disappearance.
By Jayette Bolinski | Illinois Statehouse News SPRINGFIELD — Illinois Gov. Pat Quinn will meet with the state’s four legislative leaders next week to work out differences on a pension reform effort that failed to make it out of the General Assembly before its deadline Thursday.
By Illinois Statehouse News Want to catch up on what the General Assembly did in the final hours of the legislative session late Thursday and early Friday? We’re rounded up some headlines from across Illinois.
By Illinois Statehouse News In case you missed some of our videos of Illinois lawmakers in action this week – the final week of the legislative session – we’ve put together this round up. Click the links to watch.
By Anthony Brino and Stephanie Fryer | Illinois Statehouse News SPRINGFIELD — The Illinois General Assembly passed a budget — almost on time — Thursday, with the Senate ending about 1:30 a.m. Friday.
By Anthony Brino | Illinois Statehouse News SPRINGFIELD — With the clock ticking on the legislative session, ending Thursday, Illinois lawmakers began chipping away at the state’s big financial problems this week with a Medicaid spending reduction bill. Lawmakers also approved reducing the number of regional offices of education in the state.
By Andrew Thomason | Illinois Statehouse News SPRINGFIELD — Illinois smokers could soon have to cough up an extra dollar for a pack of cigarettes. The Illinois House approved a cigarette tax hike of a $1 per pack, pushing it from 98 cents to $1.98. The measure passed as supporters watched the number of yes votes hit 60, the minimum number needed for approval.