Where you live during your golden years can make a measurable -- but likely not life-changing -- difference in your net ...

Rep. Jan Schakowsky, a veteran Democrat from Illinois, is expected to announce her retirement next month after serving 14 terms in the U.S. House of Representatives, two individuals familiar with ...

However, it is important to note that Illinois has a flat state income tax rate of 4.95%. While this rate applies to wages, business income and other non-retirement earnings, it does not impact ...

CHAMPAIGN, ILL. – Timberwolves rookie Terrence Shannon Jr. had his No. 0 jersey raised to the rafters by Illinois on Saturday night, but it caused a bit of embarrassment for his university: It ...

The most pressing issue facing Illinois is the massive debt owed to our public pension systems; our five state plans are currently underfunded by an estimated $140 billion, and billions more are ...

Public employees in Illinois are part of a structured retirement system that determines when they can start receiving pension benefits. The state offers several pension systems, including those ...

The financial downturn came not long after the state skipped out on paying half of its pension obligation for two years under Blagojevich, which came on the heels of more than 11,000 state workers ...

(The Center Square) – Proposed Tier 2 pension enhancements in Illinois could come at a taxpayer cost of "billions," according to a state legislator.

University of Illinois System President Timothy Killeen is poised to receive a three-year contract extension pending a formal vote and approval by the U of I Board of Trustees at its meeting in ...

The Nebraska Public Employees Retirement Systems Board voted Monday to name the 41-year-old Republican as the next director for the state retirement agency. The choice won support from all but one ...

In 2003, 2010 and 2011, Illinois borrowed a total of more than $17 billion in POBs to pay for annual contributions to the five state-run pension systems. 19 Now the state has to pay back SURS’s ...

Indeed, the U.S. and the Philippines are the only two nations with for-profit cash bail systems, Udi Ofer, founding director of the Policy Advocacy Clinic at Princeton University, told me.