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4 Reasons You Should Care About Pensions in Illinois

July 28, 2014

By Sydney Lawson, includes “In December, the Illinois House and Senate passed a controversial 327-page reform bill strongly opposed by some state labor organizations, but in July, the Illinois Supreme Court ruled health insurance premiums are a protected retirement benefit. Haven't been paying attention to the issue? Here's why you should: 1. The nonpartisan Truth in Accounting’s State Data Lab reports the state has a total of $175.7 billion in unpaid pension and state debts it can't pay. If that had to be paid today, every Illinois taxpayer would have to fork over $43.400  …”

Read the full article on: Chicago Sun-Times

 
 
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