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The next mayor will be under pressure on pension funding, labor contracts and economics, S&P Global Ratings said.
February 28 -
Lori Lightfoot, in her first race for elective office, will face Toni Preckwinkle, the Cook County board president, in an April 2 runoff.
February 27 -
Gov. J.B. Pritzker’s “bridge” budget would reduce the state's immediate pension contributions, and assumes voters will approve income tax changes in 2020.
February 25 -
Public pension funds are increasingly attracted to infrastructure investment.
February 21 -
A strong economy and the establishment of an outyear payment schedule have effectively masked a serious problem in the commonwealth, according to Pioneer Institute.
February 21 -
J.B. Pritzker unveiled a $38.9 billion budget that relies on new taxes and borrowing.
February 20 -
Gov. Ned Lamont’s budget speech will include a far-reaching proposal by state Treasurer Shawn Wooden to shore up the wobbly Teachers’ Retirement Fund.
February 20 -
Illinois would also use asset transfers, supplemental contributions and a buyout program in the governor's plan to deal with $133.7 billion of unfunded liabilities.
February 14 -
The federation issued its suggested budget roadmap Wednesday, ahead of Gov. J.B. Pritzker's first budget release.
February 13 -
Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.
February 13