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Fitch Ratings comments on Illinois' Tier 2 debate

Fitch said Illinois has to resolve questions on Tier 2 pension benefits, and fixing Tier 2's failure to meet IRS safe harbor provisions would be credit neutral. ....

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State Universities Retirement System Claims Panel Committee to hold Thursday meeting

The State Universities Retirement System (SURS) Claims Panel will hold a meeting at 8:30 a.m. Thursday, April 4, in the SURS office at 1901 Fox Drive, Champaign, IL. ....

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4 things to watch for in Pritzker's budget address

What ultimately is included in the governor's budget proposal won't be revealed until Feb. 21, but requests are already beginning to trickle out. ....

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Illinois pension report: unfunded liability increased in 2023

Illinois pension report: unfunded liability increased in 2023
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Illinois Supreme Court allows continued consolidation of downstate fire, police pensions

Gov. JB Pritzker signed the pension consolidation law, receiving bipartisan support, in 2019 following decades of negotiations. ....

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