• HOME :
  • NEWS :
  • PENSION BUYOUT SAVED STATE A FRACTION OF EARLY PROJECTIONS

Pension buyout saved state a fraction of early projections

JULY 25, 2019 | by Karen Kidd | PRAIRIE STATE WIRE (ILLINOIS)

“The pension buyout plan that was supposed to save Illinois $445 million in fiscal 2019 did not come close to achieving its goal, a nonpartisan policy-analysis group recently announced. Illinois' pension buyout saved only $13 million with the wildly inflated initial estimate …”

VIEW LESS