In Illinois, public sector employees don’t fret about the low level of assets in their plans because the State Constitution forbids benefit cuts, leaving the fund deficits to be made up by taxpayers.
Bob Out of Here
7 years ago
Staggering, absolutely staggering. Good to see they include unfunded health care costs, unlike the city and state.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
In Illinois, public sector employees don’t fret about the low level of assets in their plans because the State Constitution forbids benefit cuts, leaving the fund deficits to be made up by taxpayers.
Staggering, absolutely staggering. Good to see they include unfunded health care costs, unlike the city and state.