Trend in the Region
Unfunded State and Local Illinois Pensions Hit $103B
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Wednesday, January 25, 2012 |
CHICAGO — The combined burden of unfunded local and state pension liabilities on Chicago taxpayers rose to $103 billion in fiscal 2010 from just $19 billion a decade ago as double-digit investment returns in 2010 failed to stave off further deterioration of funded ratios, according to recent analysis of pension...
