Pensions

Taxing Retirement Income

Release: April 5, 2011

Illinois does not currently tax pensions or retirement funds such as 401(k) plans. This Fact Sheet provides an estimate how much revenue could be generated by taxing some retirement income.

Personal Income Tax, Pension Benefits, State Revenue, FY2008

Analysis of the Fiscal Year 2008 Final General Fund Budget

Release: March 11, 2008

After a record overtime sessions, the Illinois Fiscal Year (FY) 2008 budget was enacted on January 4, 2008. The total enacted General Fund budget for FY 2008 was $27.4 billion. This Report contains CTBA's analysis of the enacted, FY2008 General Fund budget.

FY2008, State Budget, State Revenue, General Fund, State Pensions, 95th General Assembly, Short Term Borrowing, Deficit

Pension Funding and the FY2008 Budget

Release: September 11, 2007

Pension funding and the state's FY2008 General Fund budget.

State Pensions, FY2008, State Budget

Analysis of the Fiscal Year 2008 Illinois General Fund Budget Proposal

Release: May 1, 2007

This Report contains CTBA's analysis of the proposed FY2008 General Fund budget, which was introduced by Governor Rod Blagojevich in March of 2007.

FY2008, State Budget, Gross Receipts Tax, General Fund, Deficit, Debt, State Pensions

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