The Pew Charitable Trust also found that the four states with the most endangered pension systems — Illinois, Kentucky, New Jersey and Pennsylvania — have been ramping up their contributions, averaging annual growth of 16%. Nevertheless, Illinois and New Jersey’s plans still had slightly under 40% of their required funding by 2019.
Really irresponsible of the Tribune to publish this AP article the way it did, making it look like the report says something positive about IL.
nixit
4 years ago
<Investment riding a bubble> reaches best shape since <last bubble>
Tom H
4 years ago
HAHAHAHAHAHAHAHAHAHAHAHAHAHA Is this the Onion?!?!?!!?!? Here’s a few alternate headlines:
“Illinois now only owes $325B”
“Illinois now owes less than New Jersey, per taxpayer”
“At this rate, Illinois will now fully fund pensions by your great great great grandchild’s 10th birthday”
“After claiming victory over unfunded pensions, Gov Pritzker claims both mansions uninhabitable”
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
What about this for a headline-
Pensions are in a better shape but taxpayers wallets are anorexic.
Really irresponsible of the Tribune to publish this AP article the way it did, making it look like the report says something positive about IL.
<Investment riding a bubble> reaches best shape since <last bubble>
HAHAHAHAHAHAHAHAHAHAHAHAHAHA Is this the Onion?!?!?!!?!? Here’s a few alternate headlines:
“Illinois now only owes $325B”
“Illinois now owes less than New Jersey, per taxpayer”
“At this rate, Illinois will now fully fund pensions by your great great great grandchild’s 10th birthday”
“After claiming victory over unfunded pensions, Gov Pritzker claims both mansions uninhabitable”