By Andrew R. Schwartz | Published February 15, 2021 | Posted in Public Pensions | Tagged Tags: forgivable loans, pension crisis, public pensions, taxpayer protection act | Comments Off on Federal Bill Would Provide Billions for Illinois Pension Crisis Relief
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Federal Bill Would Provide Billions for Illinois Pension Crisis Relief
The Illinois pension crisis continues to be the worst in the country. According to a state financial report, Illinois pension funds currently have a shortfall of $137 billion, meaning that only 40 percent of pensions for teachers, state workers, judges, public university employees and local government employees are actually funded. A federal bill called the Read More
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