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The Institute’s mission is to improve the state’s decision-making process by providing timely fiscal policy analysis and recommendations to state officials, the media and the public through education and digital outreach.

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The Civic Federation
Because of the Illinois estate tax bracket structure, the first $4,040,000 of an estate’s net worth pays no tax, wh…
The Civic Federation
In the news at the : Why lawmakers might finally pass a bill to address the state’s crumbling transp…



The Illinois Estate tax is levied on net assets over $4 million of the estates of the deceased. Illinois does not have an inheritance tax, which is levied on assets received by the inheritors of an estate.

Estate tax revenue is forecast to be...


UPDATE: The State Universities Retirement System (SURS) does not expect to be ready to fully implement pension buyout plans for its members during FY2019, according to documents provided to the Civic Federation. SURS attributed the delay to complex benefit provisions, limited staffing and poor...


With governments in Illinois facing steep increases in yearly pension contributions, new plans are being floated to borrow billions of dollars to stabilize ailing pension funds and relieve budgetary pressures.


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