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  • ILLINOIS PONDERS PENSION BUYOUT EXTENSION FUNDED WITH $1 BILLION IN BORROWING

Illinois ponders pension buyout extension funded with $1 billion in borrowing

JANUARY 26, 2022 | by Yvette Shields | FIDELITY

By Yvette Shields (The Bond Buyer), includes “Illinois would extend two pension buyout programs by two years funded by $1 billion in additional borrowing authority under legislation being advanced during the current session. … Pritzker has resisted pressure to put a question to voters to amend the state constitution to permit changes saying the state should honor its commitment and attempts to change the law should it pass would be mired in legal battles putting off any positive impact.” 

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