Pensions

Pension Funding and the FY2008 Budget

Release: September 11, 2007

Pension funding and the state's FY2008 General Fund budget.

Illinois Burgeoning Unfunded Liability, More Than a Pension Problem!

Release: September 4, 2007

This Report explains the source of Illinois immense unfunded liability, and how it relates to the state's budget and overall fiscal position.

Summary: Report on the Financial Condition of the Illinois Public Employee Retirement Systems

Release: August 7, 2007

A two-page summary of the  Commission on Government Forecasting and Accountability's 2007 report on the Illinois' state pension systems.

The Source of Illinois' Unfunded Pension Liability

Release: July 24, 2007

A Fact Sheet on the source of Illinois' unfunded pension liabilities.

The Illinois Public Pension Funding Crisis: Is Moving from the Current Defined Benefit System to a Defined Contribution System an Option That Makes Sense?

Release: May 4, 2007

This Report address the most common misconceptions the underfunding of Illinois' pension systems, and reviews the relative strengths and weaknesses of defined benefit versus defined contribution systems from the perspective of both the public sector and taxpayers.

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