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A chasm.
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News Local/State

Illinois Issues: The Great Pension Chasm

Now Illinois is $130 billion away from having its pension systems fully funded. The debt is the standing legacy of the 100-plus years of missed opportunity. Those contributions that Illinois never made could’ve sat in investments and banks, accruing interest and returns — namely the world’s postwar boom that has only lately started to subside. Public employees are in the political crosshairs through no fault of their own.

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Wikipedia

News Local/State

Chicago Schools Continues Effort In Court To Get More Funds

Chicago Public Schools officials are seeking a preliminary injunction barring the state of Illinois from disbursing education funds until it adequately funds the state's largest school district. Faced with a huge deficit and an upcoming teacher pension payment, CEO Forrest Claypool says the Chicago school year could end three weeks early if the state doesn't come through with funds.

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AFSCME

News Local/State

AFSCME Members Vote To Authorize Possible Strike

Members of the American Federation of State, County and Municipal Employees (AFSCME) — the biggest labor union representing Illinois state workers — have taken a big step toward a possible strike.
 
The state council of AFSMCE reported Thursday that union members voted overwhelmingly in favor of a strike.