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Illinois pensions' unfunded liabilities rise $17 billion

OCTOBER 17, 2017 | by Michael Katz | CHIEF INVESTMENT OFFICER

Includes "... Illinois has 671 public funds, 15 of which are large, statewide and state-financed funds, city of Chicago funds, or Cook County funds. The remaining 656 are police and fire funds located outside of Chicago, which are locally financed in municipalities with more than 5,000 residents, but fewer than 500,000, employing a full-time police or fire workforce."

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