Tier 2 Pensions and the Safe Harbor Issue: Explained
Policy Brief: Tier 2 Pensions and Safe Harbor ExplainedThe Civic Federation partnered with the Civic Committee of the Commercial Club of Chicago to draft…
Policy Brief: Tier 2 Pensions and Safe Harbor ExplainedThe Civic Federation partnered with the Civic Committee of the Commercial Club of Chicago to draft…
On July 18, 2023, the Illinois Supreme Court released a …
During the last week of May, after the Illinois General Assembly had been scheduled to adjourn, legislators passed four budget bills for fiscal year 2024: the…
The Civic Federation submitted the following written testimony to Chairperson Kifowit and Members of the House Personnel & Pensions Committee on August 9, 2023.Dear Chairperson Kifowit and Members of the House Personnel & Pensions…
The General Assembly has approved and Governor Pritzker has signed an approximately $46.5 billion FY2024 …
This week, the Civic Federation released its annual analysis of the State of Illinois Budget for FY2024. Among the recommendations made to the Governor and lawmakers was a call…
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On April 20, 2023 two bills passed out of committee in the Illinois House of Representatives that would increase pension benefits for Chicago firefighters hired after 2010. Senate Bills…
The State of Illinois currently pays debt service on four major types of bonds: General Obligation (GO) bonds for capital projects, GO bonds for pension obligations, GO bonds to pay backlogged bills and Build Illinois revenue bonds. In…