• HOME :
  • NEWS :
  • ILLINOIS COULD CONSIDER $107 BILLION PENSION FUND GAMBLE

Illinois could consider $107 billion pension fund gamble

JANUARY 30, 2018 | by Chris Butera | CHIEF INVESTMENT OFFICER

Includes “Reported by Bloomberg, who corresponded with Rep. Robert Martwick, the State Universities Annuitants Association’s (SUAA) proposal wants Illinois to issue $107 billion in bonds in order to fully fund its flailing retirement system. This debt sale, of course, would assume that the pension system’s investments would produce more yield than its interest payments.”

VIEW LESS