Illinois Pension Crisis
Dec 5, 2013 — The law aims to plug a $100 billion shortfall in the state's pension system, which is considered the nation's worst-funded.
Dec 3, 2013 — The bill would cut benefits and push back the retirement age for younger workers in an effort to close a $100 billion shortfall. The governor has said he will sign it, but the state's public employee unions bitterly oppose it.
Jun 15, 2013 — Lawmakers will head back to work next week to try to patch the state's $100 billion pension hole. Every day they don't act, the burden on Illinois taxpayers grows larger.