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The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees.
State or territory Mean wage in US$ [6] 1 District of Columbia: $87,920 2 Massachusetts: $63,910 3 New York: $61,870 4 Connecticut: $60,780 5 Washington: $59,410 6 California: $59,150 7 Maryland: $58,770 8 Alaska: $58,710 9 New Jersey: $58,210 10 Colorado: $55,820 11 Virginia: $55,310 12 Rhode Island: $54,810 13 Minnesota: $54,200 14 Illinois ...
The Comptroller of Illinois is a constitutional officer in the executive branch of government of the U.S. state of Illinois.Ten individuals have held the office of Comptroller since the enactment of the Illinois Constitution of 1970, replacing the prior office of Auditor of Public Accounts that was first created in 1799.
Illinois teachers make more than the national average and are among the highest paid teachers in the country, according to a new report. Teacher salaries in Illinois among best in the nation, new ...
The State contribution, as a percentage of the applicable employee payroll, shall be increased in equal annual increments over the 7 year period until the funding requirement specified above is met." [7] People EX REL. Sklodowski V. STATE The General Assembly and the Governor did not live up to the provisions of this amended 15-155.
In July 2017, OpenTheBooks released an editorial on Forbes titled Why Illinois is in Trouble - 63,000 Public Employees with $100,000+ Salaries Cost Taxpayers $10B. They found, in total, roughly $12 billion in cash compensation flowing to six-figure government workers when counting the 9,031 federal employees based in Illinois.
The treasurer also, per state law, oversees the process of refunding overpayment of taxes. [1] As of 2022, the salary paid to the elected Cook County Treasurer is $115,500. [3] As of October 2021, the Cook County Treasurer's office has 58 employees and a total annual budget of $12,703,015. [4]
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