How Short-Term Gains Trumped Illinois Pension Funding

How short-term gains trumped Illinois pension funding
www.dailyherald.com

Seven years ago, with the Illinois pension systems facing a $38.6 billion deficit, lawmakers chose to skip two years of pension funding in order to free up some cash short-term. That history lesson shows how difficult it could be for state leaders to reach a solution to the pension problem — with a…

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