The funded ratios of 11 pension funds that cover Chicago, Cook County and statewide municipal workers in Illinois deteriorated in 2011 and they collectively now carry $37 billion of unfunded obligations, according to a new report.
Chicago, Cook County, Statewide Municipal Pension Funds Suffered in 2011
DEC 31, 2012 12:00pm ET
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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.
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