pension bill http://wkms.org en Proposal Could Spur IL Pension Deal http://wkms.org/post/proposal-could-spur-il-pension-deal <p></p><p>Illinois lawmakers are bringing a new proposal on the table to fix the state’s multi-billion dollar pension crisis. Democratic Representative Elaine Nekritz and about a dozen other lawmakers are expected to announce new legislation today to repair Illinois' $95 billion pension liability. The plan calls for raising employee contributions and a tiered retirement age. It also would shift some of the costs for teachers' pensions to school districts. Wed, 05 Dec 2012 14:35:48 +0000 The Associated Press & Whitney Jones 25309 at http://wkms.org Proposal Could Spur IL Pension Deal Madigan drops effort to shift pension costs http://wkms.org/post/madigan-drops-effort-shift-pension-costs <p>Illinois House Speaker Michael Madigan says he&#39;s dropping his proposal to make state schools and colleges pay employee retirement costs.&nbsp;&nbsp;</p><p> Thu, 31 May 2012 14:31:13 +0000 Todd Hatton 18179 at http://wkms.org Madigan drops effort to shift pension costs Illinois House Panel Approves Pension Overhaul http://wkms.org/post/illinois-house-panel-approves-pension-overhaul <p>A plan to cut government pensions and shift some retirement costs to schools has cleared its first hurdle in the Illinois Legislature.&nbsp; A House pension committee approved the bill 6-3 yesterday.&nbsp;&nbsp;</p><p> Wed, 30 May 2012 14:34:01 +0000 Associated Press 18166 at http://wkms.org Illinois House Panel Approves Pension Overhaul