Illinois Senate President John Cullerton’s pension bill could be unconstitutional, is unfair to workers and based on unproven math, and perpetuates Illinois’ broken pension system.
Illinois still has 25,600 fewer jobs compared with the year 2000. Illinois is one of the only states in the country to have fewer jobs today than at the turn of the century.
The plant will close its doors by July 17 and offer some employees relocation opportunities.
Illinois state Rep. Barbara Flynn Currie has introduced a pension bill that is unfair to new and current workers, is potentially unconstitutional, bails out Chicago Public Schools’ pensions, and perpetuates Illinois’ broken pension system.
By fixing cost drivers, decreasing the cost of doing business in Illinois, and easing the tax burden, Illinois can encourage jobs growth and stand a better chance at attracting and retaining younger people.
New numbers from the Illinois comptroller’s office show that Illinois’ unpaid bill backlog has climbed to more than $14 billion. In August 2016, Moody’s Investors Service predicted Illinois’ bill backlog would reach $14 billion by summer 2017.
Gubernatorial hopeful Chris Kennedy is advocating for “a property tax system that can’t be abused by the wealthy and insiders.” But new documents suggest a Kennedy-led company enlisted the help of the city’s most politically connected property tax law firm to lower its bills.
Illinois Attorney General Lisa Madigan will look to extend her record as the longest-serving attorney general in Illinois history. Her father, Illinois House Speaker Mike Madigan, has remained the state’s most powerful state legislative leader throughout her tenure.
State lawmakers’ latest bill not only forces a failed “evidence-based” education funding program on Illinois, but also bails out Chicago Public Schools.
Illinois’ workers’ compensation system costs taxpayers $1 billion per year, and employers repeatedly cite hefty workers’ compensation costs as a driving factor in fleeing the state for friendlier business climates. High workers’ compensation costs most directly affect labor-intensive blue-collar employment sectors – which have struggled to regain their footing in Illinois since the Great Recession. Despite mounting evidence that workers’ compensation...
Illinois is home to the highest workers’ compensation costs in the region, and the weakest manufacturing recovery. New research details pain points and ways to fix the system while protecting worker safety.