Pandemic’s Toll on Public Pension Plans – RealClear Politics

"When the recession eases, states and local governments will be under pressure to improve funding of their pension systems. It can be done when there’s a political will to do it. Wisconsin, just north of Illinois, the nation’s perennial pension problem child, has a fully funded state retirement system. In fact, it’s the only state that’s over-funded, with 103% of what it needs to provide benefits for every present and future retiree."
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5 years ago

The pandemic was the nail in the coffin. Illinois was dead on arrival. The thing to watch is the budgets of non-profits. Let’s see how many survive.

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