Chicago-Area Pension Plan Ratios Get Worse
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Tuesday, March 9, 2010 |
CHICAGO The funded ratios of 10 Chicago-area government pension plans further deteriorated in fiscal 2008, driving their unfunded liabilities up to $18.5 billion from $3.4 billion a decade earlier as steep investment losses exacerbated the already poor position of most of the funds, according to a new report from...
