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Pritzker administration pushes back against recommendations for full pension funding goal

DECEMBER 10, 2021 | by Greg Bishop | THE CENTER SQUARE (ILLINOIS)

By Greg Bishop, includes “Taxpayers are on the hook for Illinois’ unfunded public employee pension obligations, which increased by more than $120 billion in 25 years. And the governor’s office advises against changing funding goals as recommended by actuaries. … A letter from officials from the State Universities Retirement Stem, State Retirement System and TRS also ‘strongly recommended raising the target funded ratio to 100%.’ …”

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