American Legislative Exchange Council
Recent News About American Legislative Exchange Council
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Beyond pension debts, Illinois owes over $101 billion in public-employee retirement benefits
Net liabilities in Illinois for so-called other post-employment benefits (OPEBs), which consist primarily of health care and life insurance benefits to retired public employees, now hover at about $101.6 billion, according to a new analysis.
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Illinois ranks among 10 states with highest bond debt per capita
Illinois’ more than $76.3 billion in bonded obligations equals a debt load of about $6,025 per resident, representing the 10th highest level of per-capita debt among the 50 states, according to a new analysis by the American Legislative Exchange Council (ALEC).
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Illinois ranks 4th worst in new state-by-state economic outlook analysis
Illinois finished 47th in a study by the American Legislative Exchange Council (ALEC) that examined the 50 states’ economic outlooks based on 15 policy measures.