Illinois is facing a massive pension problem with an estimated $96 billion unfunded liability for its public workers. The legislature has been unable to reach a plan to overhaul the pension system. So ...

Squeezy, the Pension Python, is a snake, and it is quite common for snakes to settle securities fraud charges without admitting or denying guilt. On Monday, the Securities and Exchange Commission ...

Squeezy the Pension Python is dead. The orange, cartoon snake debuted in a 2012 Internet video commissioned by Gov. Pat Quinn in an effort to explain Illinois' mind-numbingly complicated pension debt.

Illinois recently released its biggest, regular report on government pensions. Before getting to that, however, it’s fascinating to look back on what was widely agreed about pensions not long ago, and ...