Michael Madigan

IL Colleges to Pay for Employees' Pensions

Amanda Vinicky — Fri, 17 May 2013 13:23:52 +0000

Although they're facing budget cuts, universities and community colleges have said they're willing to begin taking on employees' pension costs.

Pension Overhaul Passes Illinois House

Brian Mackey — Thu, 02 May 2013 22:35:06 +0000

The Illinois House of Representatives has approved a massive overhaul of state pensions.

It's the first time the House has passed such a plan after more than a year of negotiating and many failed attempts.

Michael Madigan on Illinois GOP & Pension System

Rich Egger — Thu, 06 Sep 2012 20:59:17 +0000

Illinois Republicans had a theme when they met in Tampa for the Republican National Convention: Fire Madigan.

It’s more than a slogan for the state GOP. It’s an all-out marketing campaign against the Illinois House speaker. It includes t-shirts, buttons and even a baby bib that read “Fire Madigan.”

The GOP blames Michael Madigan for allowing the state to slide into a fiscal mess. But Madigan said it’s Republicans who are unwilling to do what he called the "heavy lifting."

Sullivan Opposes Pension Reform Plan

Rich Egger — Wed, 01 Aug 2012 20:29:18 +0000

Democratic Illinois Governor Pat Quinn and House Speaker Michael Madigan (D-Chicago) support a proposal to shift the pension funding burden from the state to local school districts.

But State Senator John Sullivan (D-Rushville) said there are good reasons to oppose the plan.

“It's a triple whammy for the districts,” Sullivan said. He pointed out:

1) Local districts would be burdened with the responsibility for a major expense.

2) State financial support for school districts continues to decline.

Madigan Talks About Pension Challenge

Rich Egger — Wed, 30 May 2012 21:08:49 +0000

Illinois lawmakers continue to wrestle with the state's soaring pension costs.

The General Assembly is set to adjourn May 31, yet at this time it's still unclear which -- if any -- of the various proposals to reduce pension costs will pass.

Unions are fighting efforts that would reduce benefits for state workers, university employees, and public school teachers.