News

Algonquin-Lake in the Hills fire pension debt has quadrupled since 2005

November 24, 2015

The 2015 Biennial Report summarizes the financial health of all state and municipal pension funds. It reports that property taxpayers in the two suburbs had $5.375 million in unfunded liability at the end of its 2014 fiscal year, up from $1.12 million at the end of 2005.

Read the full article on: McHenry Times (Illinois)

 
 
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