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The Illinois Public Pension Amendment was a proposed amendment to the Illinois state constitution. On November 6, 2012, Illinois voters rejected it in a statewide referendum. [1] A legislatively referred constitutional amendment, if approved, it would have amended the Constitution of Illinois. [1]
The state’s pension system is protected by the Illinois Constitution's pension protection clause upheld by the Illinois Supreme Court and must be amended through voter referendum for costs to ...
Illinois public pension debt grows Illinois’ pension situation is getting worse. The Commission on Government Forecasting and Accountability reports the total unfunded liability is 46% with a ...
(The Center Square) – The push is on for Illinois legislators to advance some form of pension reform to address what proponents say are shortfalls in Tier II pensions. Illinois implemented Tier ...
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. [1]
Illinois voters rejected the proposed Illinois Public Pension Amendment, a legislatively referred constitutional amendment. This would have amended the Constitution of Illinois . [ 4 ] The measure would have made it so that a three-fifths approval would be required by the General Assembly, city councils, and school districts that wish to ...
The Illinois Supreme Court on Friday endorsed the consolidation of local police and firefighter pension systems, a rare victory in a yearslong battle to find an answer to the state's besieged ...
Elections in Illinois are directly administered by 109 election authorities. Seven municipalities each have an election commission as the local election authority only within that municipality. Outside of those, the county clerk is the local election authority in 100 counties, and 2 counties have a separate election commission. [3]