Chicago Mayor Rahm Emanuel went before Illinois lawmakers in Springfield Tuesday, to help him get a handle on souring pension costs. Just like the state of Illinois, the City of Chicago is reeling with billions of dollars in unfunded pension liabilities for its workers.
State lawmakers in Illinois are trying to make it safer for people to use online dating sites.The Decatur Herald & Review reported Sunday that legislation aiming to do that passed the Illinois House last week.It would require Internet dating services operating in Illinois to post discla
The director of the Illinois Teachers Retirement System is warning that financial troubles are so great it could consider reducing pension benefits to teachers who have already retired.The Springfield State Journal-Register reported Sunday that it obtained a confidential memo written by Dic
Lawmakers in the Illinois House earned about $661,000 last year in extra pay for serving as officers of various House committees--from armed forces to biotechnology--even though some committees met fewer than five times and a handful met only once. The House pays members who serve as committee
Lawmakers were wrapping up the fall veto session in Springfield. Some of the issues they were considering were significant to Chicago--from gambling to red light cameras. Furthermore, owners of the Chicago Mercantile Exchange waited to see if legislatures will give them a tax break to stay put.