FRIDAY: Partly sunny, windy and warmer. High: 44. Winds: South 10-15 mph, gusting to 30 mph.
FRIDAY NIGHT: Partly cloudy. Low: 35. Winds: South 10-15 mph, gusting to 20 mph.
SATURDAY: Mostly cloudy. High: 54. ...
Fitch Calls Pension Reform "Positive" Development
A major credit rating agency says it sees the state's passage of pension legislation as a positive development.
Fitch says it's necessary to see if reform measures enhance pension system funding and control pension payments' effect on the state budget.
Fitch also believes a legal challenge is likely.
Fitch rates Illinois an A-, with a negative rating outlook. That's the lowest rating of any U.S. state.