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Pension Reform Faces Uncertain Path Forward - Latest News

Pension reform faces uncertain path forward

SPRINGFIELD -- In April, Gov. Pat Quinn stepped before cameras and reporters to put nearly all of his political pull behind two enormous efforts to try to fix the state's finances: Cutting back spendi... read more

Despite Early Success, Immigration Bill Faces Uncertain Path Forward

The week after supporters of immigration reform steered ... go along — or face a backlash at the ballot box. But since even the House Republicans open to an immigration deal say they won’t rubberstamp ... read more

The Opportunity Created by California's Overly-Generous Public Pensions

Adjusting for the full-career, the average pension was worth over $78,000. Why should hard-working Californians, many of whom face uncertain retirements ... workers going forward. Ignoring the politic... read more

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City faces fork in pension path: Deeper into debt or road to reform?

The Annual Financial Analysis, released last week, shows that growing debt payments and unfunded pension liabilities are continuing to push the city's budget billions of dollars into the red. Chicago ... read more

The truth about pension reform

We strongly believe that pension reform should not aim to cut or eliminate benefits, and we believe equally strongly that workers deserve to be a part of a fiscally sound, responsibly managed retireme... read more

Chicago latest to face Illinois intercept for delinquent pensions

“We have put the funds on hold but we don’t forward them” until the contest period ... to the withholding of “state grants” under its own reform legislation that amended the state pension code. “Shoul... read more

Charting Florida's path forward: Front & Center

As the Legislature convenes today, House Speaker Will Weatherford and Senate President Don Gaetz — in their second and final sessions in those posts — face tough issues. Among them: Gambling, pension ... read more

Brazilian stocks could get more volatile as an 'unpredictable' election approaches

These types of comments not only narrow Bolsonaro's path to the presidency, but they also limit the political capital he would need to move forward with key economic policies, specifically pension ref... read more

Chicago Park District pension law could face challenge

Kiernan said he considered the Park District's pension reform to be "fairly ... In other years and going forward, it's the lesser of 3 percent or half the rate of inflation. A legal challenge could me... read more

Case dismissed against Gov. Bevin over replacement of U of L board of trustees

"We're happy that this closes out the chapter and we can -- everybody can -- move forward ... path -- to greatness." The Governor and the Attorney General face off again on Thursday when the Supreme C... read more

Road toward pension reform might run through 2016, based on options before city

Over the past six years, Jacksonville ... of dollars more in pension obligations for hiring replacements under the current plan. After three unsuccessful attempts, pension reform remains up in the air ... read more

Pension overhaul advances in Springfield

SPRINGFIELD — — A major overhaul of the way Illinois government handles pension benefits for current workers won a key victory Tuesday, but its fate remains uncertain because ... to be eligible for si... read more

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