Illinois labor unions have filed a lawsuit seeking a new plan to reduce the state's $100 billion pension shortfall declared unconstitutional.
Illinois will see its budget deficit grow despite the recently-passed pension law.
Money will likely be tight for politicians crafting Illinois’ next budget, despite a pension law that's supposed to save $160 billion.
Two more groups of retired Illinois state employees have filed lawsuits challenging a new plan to eliminate the state's $100 billion public pension shortfall.
It took just a little more than a week for a pension overhaul in Illinois to go from an agreement between legislative leaders to law.