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Illinois state and local pension debt now tallies $218 billion with both debt to GDP and funding ratios the worst in the nation, according to a new Equable Institute report.
Even with additional funding, Illinois contributes billions less than needed to fund future obligations to retirees
(The Center Square) – Despite the state making supplemental contributions, a credit rating agency says Illinois’ “poorly funded” pensions will continue to stress state and local government budgets as the state sees "weak demographic tr...
(The Center Square) – Despite the state making supplemental contributions, a credit rating agency says Illinois’ “poorly funded” pensions will continue to stress state and local government budgets as the
(The Center Square) – Despite the state making supplemental contributions, a credit rating agency says Illinois’ “poorly funded” pensions will continue to stress state and local government budgets as the