Gov. Rauner Blocks “Double Dipping” Police Retirees With New Pension Bill
Various loopholes could neutralize objective.
Tag: Illinois
Newsmakers
Illinois Senate Rejects Gov. Rauner’s Veto in 38-19 Override
Pension reform bill now goes to Illinois House, requires three-fifths majority vote.
Gov. Rauner Issues Amendatory Veto to Illinois’ Senate Bill 1
Urges General Assembly to make “historic changes” to state education funding.
To Avoid Junk Bond Status, Illinois Treasurer Gives Gov. Rauner Ultimatum
Steps include speaking with rating agencies in New York, implementing $6 billion in bonding authority.
Moody’s May Cut State of Illinois, Chicago Board of Ed Credit
Downgrade would place the state’s credit rating below investment grade.
Illinois State, House Introduce Pension Reform Legislation
Bills include provisions for shifting to defined contribution from defined benefit plans.