CTBA's Testimony and Presentation to the Pension Conference Committee
RELEASED:
July 3, 2013
The Illinois Pension Conference Committee, the 10-member legislative group charged with forging a compromise solution to pension problems, held its second hearing on July 3, 2013. At that hearing CTBA's Executive Director Ralph Martire testified on CTBA's proposed solution to amortize the debt owed to the retirement systems (the unfunded liabilities) to create a feasible repayment schedule.