Chicago Teachers’ Pension Sinks Further Into the Abyss

3 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Roadkill
11 years ago

How much of a difference would it make if they used a different rate for this fund?

Mark Glennon
11 years ago
Reply to  Roadkill

Roadkill, I have not seen that analysis done for this specific fund. However, similar analyses on other Illinois pensions have estimated that proper assumptions bump up the true unfunded liability anywhere from 50% to 300%.

snowbird
11 years ago

like that actuary said in one of your earlier articles these consultants reports are just “making shit up”

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

A statewide concern: Illinois’ population decline outpaces neighboring states – Wirepoints on ABC20 Champaign

“We are not in good shape” Wirepoints’ Ted Dabrowski told ABC 20 Champaign during a segment on Illinois’ latest population losses. Illinois was one of just three states to shrink in the 2010-2020 period and has lost another 300,000 people since then. Ted says things need to change. “It’s too expensive to live here, there aren’t enough good jobs and nobody trusts the government anymore. There’s just other places to go where you can be more satisfied.”

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE