Regional News
Civic Groups Up Pressure on Illinois Lawmakers On Pensions
Thursday, January 3, 2013
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A group of prominent Illinois-based civic groups Thursday banded together to intensify pressure on lawmakers to act now during a special legislative session to overhaul the state's pension system weighed down by $95 billion in unfunded obligations.

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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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