Comment: Please tell us something we didn’t know, rating agencies. This is the kind of bland comment you can expect as long as rating agencies are paid by bond issuers. Still, credit Moody’s for rejecting the phony official state unfunded liability number of $97 billion. They peg it at $186 billion using more realistic assumptions.

http://blogs.barrons.com/incomeinvesting/2014/09/05/moodys-sees-daunting-pension-challenges-for-illinois/