Pensions
Released February 26, 2009
This Fact Sheet dispels some of the more common, and egregious, myths involving Illinois’ unfunded pension liability.
Released July 15, 2009
Fact Shee on House Bill 1292 of the 96th General Assembly, which would have amended the General Assembly Retirement System (GARS) Article of the Illinois Pension Code to create a defined contribution plan for new members
Released August 26, 2009
CTBA's August 2009, testimony to the Pension Modernization Task Force, Funding Subcommittee.
Released January 25, 2011
Information on Public Act 96-1495, which created a second, reduced pension benefit tier for Illinois' public retirement systems
Released 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.
Released August 19, 2013
Fact Sheets on Illinois' five state-funded retirement systems.
Released March 7, 2012
This Issue Brief provides an overview of school districts contributions to the Teachers Retirement System, facts concerning the issue of employer pick-ups, and how shifting the responsibility for paying for teacher pensions would impact school districts.
Released August 27, 2012
This Issue Brief provides an overview of the state pension systems' underfunding and an analysis of House-Joint Resolution Constitutional Amendment (HJRCA) 49. HJRCA 49 would create a new section to the Illinois Constitution.
Released August 1, 2012
This Issue Brief provides a synopsis of the core changes the Quinn Administration proposed for the state pension systems and an analysis of the cost saving estimates produced by the Governor's Office of Management and Budget.
Released July 3, 2013
CTBA's 2013 testimony and presentation to the Pension Conference Committee.