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Hog-tied: Illinois state law not equipped to address local governments’ pension problems

JULY 30, 2018 | by Joe Tabor | ILLINOIS POLICY INSTITUTE

“Avenues for state oversight for cities with financial difficulties have limited utility in the face of massive pension debt and have almost never been invoked since Springfield passed them into law in 1990. … Given that many cities face financial troubles – and now garnishment of state tax revenues for unpaid pension debt – why have so few sought oversight from the state?”

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