State Sen. Gary Forby (D-Benton) of District 59 was not expecting to lose to Harrisburg GOP Mayor Dale Fowler on Nov. 8, but his loss by more than 10 percentage points was a wakeup call, Forby said.
Ranking among the top 10 states for debt per capita, Illinois is exhibiting a continuously increasing amount of red ink per resident — particularly pension debt, but also other calculated liabilities.
The state's largest public employee union is calling for Gov. Bruce Rauner to continue negotiating after talks were declared to be at an impasse earlier this month, but further talks with the American Federation of State, County and Municipal Employees (AFSCME) would be pointless, an attorney for a Chicago-based think tank said recently.
The Illinois Department of Employment Security (IDES) recently released the latest data on the state's unemployment rate and job growth, and although 2,200 new jobs were created, the unemployment rate increased to 5.6 percent.
Former state school employee Paul Williams, who retired in November 2016, saved $143,039 toward a pension over 24 years working for public schools, Teachers' Retirement System of the State of Illinois records show.
Former state school employee Karen Taylor, who retired in November 2016, saved $42,094 toward a pension over 10 years working for public schools, Teachers' Retirement System of the State of Illinois records show.