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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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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