Includes “The funded ratio of the Illinois public pension plans is estimated at 39 percent, the second-lowest percentage among the 50 states, according to a new analysis from the Tax Foundation based on fiscal-year 2019 data. The percentage was calculated by comparing the market value of the pension fund’s assets to its accrued pension liabilities. The data comes from Chicago-based Truth in Accounting.”
Read the full article on: Cities Talk FM 92.9 (Illinois)