State of Illinois’ Record of Shorting Pensions Goes Back Decades

State Journal-Register : State of Illinois’ record of shorting pensions goes back decades
m.sj-r.com

Of principle concern to the Commission is the accumulation of large unfunded accrued liabilities resulting for the most part from the inadequacy of government contributions in prior years to meet increases in costs due to the upward trend in salary rates and large additions to the membership of the…