Regional News
New Illinois Pension Reforms Offered
Wednesday, December 5, 2012
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A group of Illinois House members introduced a pension reform package they hope will serve as a road map to help the state dig out from $96 billion in unfunded liabilities.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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