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Digging a pension hole

Posted on December 16, 2011

Chicago Tribune

 This Tribune Watchdog report examines the Illinois pension crisis. The unfunded liabilities of the State’s pension plans have steadily increased for decades and currently total over $85 million. The Civic Federation comments on the lack of objective fiscal analysis provided to lawmakers who vote on the numerous revisions to pension law detailed in the report and how troubled Illinois’ program is compared to every other state.