Illinois is in crisis. According to official government numbers, Illinois has an unfunded pension liability of $96 billion – the worst in the nation.
Illinois’s minimum wage, already high at $8.00 an hour, is set to increase by another 25 cents on July 1, 2010.
State and local governments in Illinois collectively owe more than $200 billion in retirement benefits for government workers, according to a report by the Illinois Policy Institute.
“One taxpayer moved out of Illinois every 10 minutes between 1995 and 2009,” according to this Illinois Policy Institute report, and it appears taxes and tax policies are to blame for many of the l
Policy makers struggling to protect higher education appropriations may be surprised to learn this fact: The total cost of the State Universities Retirement System (SURS) in 2012 will exceed the