Reason Foundation: No turning point yet in Illinois on pension debt – Center Square

Reason Foundation reviewed over 300 public pension systems and found that Illinois leads the nation with over $15,000 per capita in unfunded state and local pension liabilities.
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Free at Last
6 months ago

And there never will be. Thinking otherwise is just plain dumb.

Fed Up Taxpayer
6 months ago

We are at a turning point on pensions, and have been for some time. Unfortunately, the legislators and grifters either don’t want to acknowledge it or are to stupid to. Take your pick on the answer but the state still ends up in a cesspool.

exChgo
6 months ago

Debt “Per capita” is inherently discriminatory and oppressive. A fair number would be debt “Per magnata,” or debt per rich Illinoisian/ magnate. So take like the top 5% of Illinoisians. That would adjust the debt per magnata to more like $300,000. No need to thank me for the clarification.

NiteCat
6 months ago

I’m surprised our “illustrious” GA didn’t come up with an additional $15k tax on RE sales or people filing out of state change of address cards.

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