Government employee unions gathered in Springfield earlier this year for a day of action in support of changing “Tier 2,” the state of Illinois retirement benefit for workers hired on or after Jan. 1, ...

SPRINGFIELD, Ill. — Mayors across Illinois are demanding that state lawmakers address serious shortfalls in local police and fire pension funds. The effort comes after the Illinois Legislature dealt ...

SPRINGFIELD — Public employees hired since 2011 must continue to wait for pension reform after Illinois lawmakers declined to take up the issue during the spring session. Lawmakers and labor unions ...

CHICAGO -- Illinois, with its reputation for political wheeling and dealing, backroom handshakes and 11th-hour bargains, is dragging its feet on the one deal needed to solve its biggest crisis in a ...

Union members rally at the Illinois Capitol in November to call for pension reform. Changes that would make Illinois pension systems compliant with Social Security by improving benefits for government ...

With pension reform possibly within reach, there’s a Goldilocks problem for the state lawmakers setting plans to tackle Illinois’ worst-in-the-nation pension problem. Some fixes would be too small; ...

State Sen. Robert Martwick's push to alter Illinois' Tier Two pension system understandably can be applied to pension systems that are out of compliance with Social Security's "safe harbor" provision.

Members of a bipartisan committee of Illinois lawmakers facing forward from left, State Sen. Daniel Bliss, State Sen. William E. Brady, and State Sen. Matt Murphy listen to Ty Fahner, head of the ...