A pension check arriving every month feels like a retirement problem solved, but retirees who treat it that way tend to ...

For all the self-congratulation, the victory proved hollow. Even after the reforms, most analysts predict that Illinois’s pension system will go broke before 2020. In January, the legislature approved ...

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; ...

Add Yahoo as a preferred source to see more of our stories on Google. Jun. 14—Six months ago, plugged-in Chicago politico Forrest Claypool sounded the alarm about rising pensions debts and called for ...

Not so long ago, there was hope that major pension reform could happen sometime this year, possibly by the end of the spring legislative session. But events are not playing out this year. Two big ...

Tom Cross, the Republican minority leader in the Illinois state house of representatives, emailed this letter to the editor in response to Eli Lehrer’s article, “Pensions Aren’t the Problem,” which ...