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Thumbnail for Analyzing the Status of Local Pension Funding

Analyzing the Status of Local Pension Funding

The report attributes the declining health of Chicago-area public pension funds in large part to inadequate employer contributions over a sustained period and recent investment losses. Read More

"City Hall's Pension Spiral Worsens "

From Crain's Chicago Business
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Thumbnail for Evaluating the FY2014 Illinois State Budget

Evaluating the FY2014 Illinois State Budget

A report from the Civic Federation’s Institute for Illinois’ Fiscal Sustainability supports Governor Pat Quinn’s recommended $62.4 billion FY2014 Illinois state budget for balancing revenues and expenditures without borrowing and making progress toward ... Read More
Thumbnail for Civic Federation Releases Illinois State Budget Projections

Civic Federation Releases Illinois State Budget Projections

The Roadmap shows the state is on track to accumulate nearly $22 billion in unpaid bills by FY2018 unless action is taken to curb rising pension costs. Read More

Financial Challenges for the New Chicago Mayor

The Civic Federation, a MacArthur grantee, released a new report that details the fiscal challenges facing the next Mayor of Chicago. Read More

A Fiscal Rehabilitation Plan for the State of Illinois

The Chicago-based Civic Federation proposed measures to substantially reduce the current Illinois budget deficit in FY2011 and to place the State on better fiscal footing over the long term. Read More

The Civic Federation Releases Fiscal Rehabilitation Plan for Illinois

The Civic Federation, a 116-year-old government research organization, released today its plan to salvage the State of Illinois’ finances. Read More