Kearney Center for Public Pensions
The Kearney Center was established in 2018 to demonstrate and advance opportunities for public pension reform in Illinois. As a project of the Civic Federation, it seeks independently verifiable and data-driven solutions to effectively address the crippling pension liabilities in the State of Illinois and its local governments.
The work of the Kearney Center is guided by the Kearney Center Board, chaired by Lew Collens, comprising independent business, finance, legal and civic leaders committed to the work of stabilizing Illinois’ financial condition through advancing pension reforms that are equitable, financially sustainable and will allow for more effective governance.
The Kearney Center was formally announced on April 17, 2018 at the Civic Federation's half-day forum, Navigating Pension Reform: What Lies Ahead?
Chicago Teachers’ Pension Fund Releases Fiscal Year 2017 Actuarial Valuation
Governor’s FY2019 Budget Depends on Benefit Cost Shift
How the Governor’s Proposed FY2019 Budget Would Affect Local Governments
Illinois State Actuary Releases First Report on the Chicago Teachers’ Pension Fund
Proposed State of Illinois Pension Contributions to Increase by Nearly 7% in FY2019
Illinois’ Debt-Heavy Pension Funds Boosted Slightly by Market Returns
Chicago Municipal and Laborers’ Pension Funding Changes Approved as Part of State Budget
Governor Rauner Vetoes Chicago Municipal and Laborers’ Pension Reforms