pensions
The latest report from the Center for Tax and Budget Accountability shows that spending on four “core” state services in the governor’s proposed Fiscal Year 2026 budget will be 9.1 percent less in real dollars than it was way back in Fiscal Year 2000. Those four core services are education, healthcare, human services and public…
Read Full Article The Illinois legislature’s Commission on Government Forecasting and Accountability recently released an eye-popping actuarial analysis of a union-backed pension reform plan. The analysis concluded that the proposal, House Bill 5909, would cost taxpayers almost $30 billion through the year 2045. And the annual state cost starting in Fiscal Year 2027, which begins in mid-2026, would…
Read Full Article