Press Detail

Feeding pension beast

Posted on March 08, 2007

Chicago Sun-Times

This article analyzes Governor Blagojevich's plan to significantly reduce Illinois' unfunded pension liabilities by selling the lottery and issuing pension obligation bonds. The Civic Federation is quoted in support of progress on pension funding and indicates that selling the lottery makes sense because it is a non-core asset. The group also emphasized that full scrutiny of the details of the plan is still necessary.