Pritzker wants to increase funding goal for Illinois pension funds to 100% – Pensions and Investments

In his fiscal year 2025 budget proposal, Gov. JB Pritzker said adding three additional years to the funding payment plan will get the state "on a path to 100% funded like peer states." He calls for an increase in the state's annual pension contributions when legacy debts are paid off, and proposes dedicating half the revenue being used to pay off those bonds to make additional pension contributions when those debts are paid.
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Ex Illini
2 months ago

As soon as we pay of legacy debt and other things, we’re going to fund the pensions 100%. So never, right JB?

Doug
2 months ago

Is this some type of joke? Illinois will never get pensions 100% funded before a bankruptcy or restructuring.

Jay
2 months ago

JB Pritzker is seemingly innumerate. Illinois is generations away from 100% pension funding.

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