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Illinois' unfunded pension liability now up to $111B

from The Associated Press via Crain's Chicago Business

A state legislative report says Illinois' unfunded pension liability is $111 billion. The General Assembly's Commission on Government Forecasting and Accountability listed the figure in a Thursday report. It covers five pension systems for the fiscal year that ended June 30. The report comes as legislative leaders and Gov. Bruce Rauner have agreed to take another look at overhauling pensions. more

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