Why Illinois’ state pension system threatens its entire state budget

Michelle Jones  |  March 13, 2019

A big problem Illinois is facing right now is its lack of population growth. In fact, the state and its lawmakers have no one to blame but themselves for this problem. … Moody's noted that in order to fix Illinois' pension system and accompanying budget problem, lawmakers will have to do something to capture more revenue, but they're running out of options.

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