By Ted Dabrowski and Mark Glennon, Wirepoints |
Dec 18, 2020
On the surface, a new report on Illinois’ state-level pensions is bad enough: The official unfunded liability of the five state pensions grew to $144 billion in 2020 – a record high, and a $7 billion increase in just one year. That’s according to COGFA, the Commission on Government Forecasting and Accountability’s latest special pension report.