Illinois Pension Funds Are Slow To Pull Out of Russian Assets – Better Government Association

According to a review of pension audit reports for nine of the major public pension funds — including five in the City of Chicago and three state pension funds — a combined total of nearly $112 million was invested in Russian equities, bonds and other assets at the start of the invasion. Compared to the roughly $155 billion in total investments those funds comprise, the Russian slice is only a fraction of 1%.

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Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.

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