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Rhode Islandís Pensions Reformer Offers Lessons to Illinois Audience
On Dec. 5, Rhode Island Treasurer Gina Raimondo discussed pension reform at a breakfast meeting with Chicago-area business, government, and academic leaders. The meeting was hosted by the Union League Club of Chicago and the Inst. for Truth in Accounting.

( Rhode Islandís finances had been in bad shape, and the Illinois audience was interested in learning what she did and how she did it. With an unfunded pension liability of more than $90 billion, and more than $8 billion owed to state vendors, Illinois has one of the nationís worst fiscal situations.† Read more.

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