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    Jun 17, 2013 |Story| Chicago Tribune

  1. Governor candidate Daley criticizes Quinn, Madigan

    Democratic candidate for governor Bill Daley excoriated Gov. Pat Quinn for a lack of leadership over the state's pension crisis and criticized potential rival Lisa Madigan for not providing a legal opinion on the constitutionality of possible solutions.
    Tribune reporter
    Democratic candidate for governor Bill Daley excoriated Gov. Pat Quinn for a lack of leadership over the state's pension crisis and criticized potential rival Lisa Madigan for not providing a legal opinion on the constitutionality of possible solutions....

    Tags: John J Cullerton, Lisa Madigan, Politics, Elections, Government

    2. Jun 17, 2013 |Story| Allentown Morning Call

  2. Tom Corbett: Changing Pa. pension plans only way to end crisis

    Since taking office as governor, I have made public pension reform one of my top legislative priorities. Pennsylvania is in the midst of a pension crisis. Pennsylvania's two public pension systems, the State Employee Retirement System and the Public...

    Tags: Public Schools, Tom Corbett, Politics, Interior Policy, Regional Authority

    3. Jun 18, 2013 |Story| Chicago Tribune

  3. Campaign politics injected into pension debate

    Democratic governor candidate Bill Daley injected campaign politics into the simmering policy debate on public pension reform, chastising Gov. Pat Quinn for a lack of leadership and potential candidate Attorney General Lisa Madigan for remaining mum on the issue.
    Democratic governor candidate Bill Daley injected campaign politics into the simmering policy debate on public pension reform, chastising Gov. Pat Quinn for a lack of leadership and potential candidate Attorney General Lisa Madigan for remaining mum on...

    Tags: Lisa Madigan, Politics, Colleges and Universities, Elections, Bill Daley

    4. Jun 18, 2013 |Story| Reuters

  4. Euro zone must agree bank recaps on Thursday: EU's Rehn

    Reuters
    PARIS (Reuters) - Euro zone finance ministers must hammer out an agreement at a meeting later this week over how to recapitalize banks, the European Union's top economic official said on Tuesday. The bloc's leaders agreed in June 2012 that the European...

    Tags: Restructuring and Recapitalization, Politics, Finance, Interior Policy, Paris (France)

    5. Jun 18, 2013 |Story| Baltimore Sun

  5. Building middle-class Baltimore

    In passing Mayor Stephanie Rawlings-Blake's budget Monday night, City Council members said they hoped the whole thing would be more or less a wash for Baltimore residents. Property taxes are going down, but new fees are coming to pay for stormwater pollution mitigation, and new taxes will hit billboard advertising and taxi rides. No doubt some residents will pay more, and some will pay less, and in a city where poverty and joblessness are persistent problems, such changes are inevitably fraught. Likewise, the mayor's proposal to increase salaries for civilian city employees while also forcing them to contribute to their pension for the first time appears not to be a sure thing in the council amid worries that it asks too much of workers who occupy some of the lower rungs of the municipal pay scale.
    In passing Mayor Stephanie Rawlings-Blake's budget Monday night, City Council members said they hoped the whole thing would be more or less a wash for Baltimore residents. Property taxes are going down, but new fees are coming to pay for stormwater...

    Tags: Stephanie Rawlings-Blake, Environmental Pollution, Politics, Local Government, Taxation

    6. Jun 17, 2013 |Story| Reuters

  6. Bigger Illinois bond sale on even if pensions remain unfixed

    Reuters
    CHICAGO, June 17 (Reuters) - Illinois increased the size of its upcoming general obligation bond sale by $50 million to $1.3 billion and plans to sell the bonds next week even if state lawmakers meeting in special session this week fail to deliver on...

    Tags: Labor Legislation, Elaine Nekritz, Moody's Corporation, Politics, Colleges and Universities

    7. Jun 17, 2013 |Story| Reuters

  7. Detroit default, restructuring plan break new ground: Moody's

    Reuters
    (Reuters) - Detroit's default and debt restructuring plan are precedent-setting in the U.S. municipal market, Moody's Investors Service said on Monday, because the city is looking to bondholders, as well as labor unions and pensioners, to share the pain....

    Tags: Moody's Corporation, Politics, Bonds, MBIA Incorporated, Economy, Business and Finance

    8. Jun 18, 2013 |Story| Chicago Tribune

  8. Quinn, lawmakers agree to form pension reform committee

    Unable to round up enough Senate votes for a sweeping measure to overhaul the state’s public employee pension system, Gov. Pat Quinn has backed off in favor of a plan to a form a committee designed to forge a compromise on the hot-button issue.  
    Clout Street
    Unable to round up enough Senate votes for a sweeping measure to overhaul the state’s public employee pension system, Gov. Pat Quinn has backed off in favor of a plan to a form a committee designed to forge a compromise on the hot-button issue....

    Tags: John J Cullerton, Politics, Pat Quinn, Interior Policy, Crime, Law and Justice

    9. Jun 18, 2013 |Column| Chicago Tribune

  9. Pension reform: It's not looking pretty

    As Illinois daily sinks ever deeper into the financial cesspool, 35 states are considering cutting taxes, according to the National Conference of State Legislatures.
    As Illinois daily sinks ever deeper into the financial cesspool, 35 states are considering cutting taxes, according to the National Conference of State Legislatures. Indiana cut its personal income tax 5 percent over two years and, with a variety of...

    Tags: Labor Legislation, John J Cullerton, Politics, Judy Baar Topinka, Public Employees

    10. Jun 17, 2013 |Story| Reuters

  10. New York City settles U.S. lawsuit over police pensions

    Reuters
    NEW YORK (Reuters) - New York City has settled a lawsuit in which the federal government accused it of improperly reducing retirement benefits for current and former police officers who served in the military after September 11, 2001. Monday's settlement...

    Tags: Labor Legislation, Politics, New York City, Trials, September 11, 2001 Attacks

    11. Jun 18, 2013 |Story| Reuters

  11. Illinois pension fix headed to legislative conference committee

    Reuters
    CHICAGO, June 18 (Reuters) - Seeking to break a weeks-long impasse in efforts to fix the state's woefully underfunded pension system, Illinois will turn to a rarely used legislative conference committee in hopes of reaching a compromise solution, Governor...

    Tags: Labor Legislation, Politics, Colleges and Universities, Pat Quinn, Illinois General Assembly

    12. Jun 18, 2013 |Story| Hartford Courant

  12. LETTER: Pay Attention To Challenges Faced By West Hartford

    As we wind in to summer we need to still pay attention to some important challenges that face our great town of West Hartford. There are 10 union contracts coming up for renewal on June 30 and one contract currently in negotiations, the contract for our...

    Tags: Labor Legislation, Arbitration, Politics, Health and Safety at Work, Interior Policy

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Pension and Welfare Photos
The Chicago Tribune editorial board meets with John Pet...
(June 17, 2013)
College presidents talk pension reform
Senate President John Cullerton, D-Chicago, speaks to r...
(May 29, 2013)
Senate thumps Madigan pension plan
States nationwide have badly underfunded pension plans.
(April 29, 2013)
States nationwide have badly underfunded pension plans.
 » All 34 Pension and Welfare photos