Illinois Policy
Illinois’ low social mobility: causes and cures. Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy ...
Illinois’ economic future pressured by worst pension crisis in nation
2 days ago · This underperformance persists at the individual pension system level as well as statewide. Illinois has four of the 10 worst-funded state-level public pension systems in the nation, the most out ...
Illinois state pension debt climbs to $144B
Dec 16, 2024 · Illinois makes some of the largest pension contributions of any state to fund its systems. According to Wirepoints research, the annual average growth rate of Illinois pension assets was 5.5% from ...
Illinois’ low social mobility: causes and cures
Jan 28, 2025 · Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy, Illinois Policy Institute and Justin Callais, Ph.D ...
Pensions 101: Understanding Illinois’ massive, government-worker ...
The crisis threatens to burden taxpayers with massive, ever-escalating taxes to bail out a system that is not sustainable – government-worker pensions consume a fourth of the state’s budget.
5 principles to guide Illinois’ public pension reform
Jan 16, 2025 · 5 principles to guide Illinois’ public pension reform. With nearly $214 billion in state and local pension debt threatening both retirees and government finances, Illinois needs a new path forward.
Fixing Illinois pension crisis by amending nation’s most-restrictive ...
Illinois is home to one of the worst pension crises in the country.1 At 39% funded, according to the nonpartisan Pew Charitable Trusts, Illinois has the worst pension funding ratio of any state.2 ...
Illinois needs responsible Tier 2 pension reform
Nov 14, 2024 · The concern arises because Tier 2’s maximum pensionable salary is growing more slowly than the Social Security wage base. In 2011, both were set at $106,800, but by 2024, the Social Security ...
Policy Research - Illinois Policy
Illinois’ low social mobility: causes and cures. Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy ...
Regulatory reform can make housing more affordable for Illinois ...
The problem is particularly pronounced among Illinois’ poor. Of low-income Illinois households, which make $35,000 or less, 81.49% are housing burdened and 56.67% are severely housing burdened ...