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.”
How much of a difference would it make if they used a different rate for this fund?
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%.
like that actuary said in one of your earlier articles these consultants reports are just “making shit up”