Imperiled Illinois Public Pensions Get Sweeping Reforms
The Illinois legislature passed landmark pension reform. Next on the legislative agenda: tackling the Chicago teachers’ pension plan.
Imogen Rose-Smith
Ben Baris
December 10, 2013
Pat Quinn, governor of Illinois, speaks prior to the grand opening of the Fashion Outlets of Chicago mall in Rosemont, Illinois, U.S., on Thursday, Aug. 1, 2013. Consumer spending, which accounts for 70 percent of the U.S. economy, increased 1.8 percent after advancing 2.3 percent in the period ended July 28, according to the Bloomberg Consumer Comfort Index. Photographer: Tim Boyle/Bloomberg *** Local Caption *** Pat Quinn
Tim Boyle/Bloomberg
