The Chicago Public Schools board has voted unanimously to approve a $175 million pension payment to the city of Chicago.
What if you were asked to pay income taxes on nearly $50,000 that you never received?
The Illinois Supreme Court on Friday unanimously upheld a 2019 law that consolidated nearly 650 municipal police and firefighter pension funds, rejecting arguments from pension fund members that their voting power was diluted unconstitutionally.
An influential state senator is proposing new legislation that he said will "fix" a 2010 law that aimed to stem Illinois' pension crisis by cutting back retirement benefits for future public employees.
"It's the right thing to do at the right time, and they have failed to do anything. It's embarrassing. We could have been a leader on this," one Republican said after legislation went unpassed this spring.
Following an I-Team report about the property tax debt attached to your home and business, some people said they stopped their search to buy a home.