Illinois pension report: unfunded liability increased in 2023 bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Illinois’ public pension crisis is coming to the fore after three years of being ignored during covid. Billions in federal aid to both the private and public sectors helped Illinois politicians paper over the state’s growing debts and worsening retiree security, but with pandemic aid finally drying up, they soon won’t be able to ignore the problems.