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The scope of the court's ultimate ruling in the first of five pension-related cases on its docket remains unclear after Wednesday's oral arguments.
December 6 -
The case may challenge the California Rule, which has thwarted efforts to cut pension benefits.
December 4 -
Dearborn plans to price $35 million of bonds and Muskegon County plans $45 million.
November 28 -
Peter Hayes, head of municipals at BlackRock, says liquidity is sound and muni funds can cope with outflows. He says that among the larger factors in their daily decision-making is the status of an issuers’ pension and OPEB liabilities along with bond structure. John Hallacy is host.
November 27 -
The state's backlog of unpaid bills could skyrocket to $23.7 billion without budget changes, said a new report from Gov. Bruce Rauner's administration.
November 19 -
Treasurer Denise Nappier said a lottery revenue infusion and asset transfers could pump $3 billion into the Teachers' Retirement Fund.
November 19 -
The budget and a five-year plan hint at what County Board President Toni Preckwinkle would do if she is elected Chicago mayor.
November 16 -
The Chicago City Council approved the 2020 budget in a near unanimous vote.
November 14 -
Riverside is the latest Illinois municipality to be downgraded because of underfunded pensions.
November 14 -
S&P Global Ratings downgraded Oak Lawn to BBB.
November 13