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Illinois Pensions Among Worst-Funded in Nation, Report Confirms

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Illinois Pensions Among Worst-Funded in Nation, Report Confirms
U.S. one hundred dollar notes in a photo illustration taken in Seoul, South Korea, on Feb. 7, 2011. Lee Jae-won/Reuters
The Center Square
Updated:

A new report confirms Illinois is among the worst in the country when it comes to funding its public pensions.

The report was distributed by the Tax Foundation, an independent tax policy nonprofit. It indicates the state is only 39 percent funded for future pension obligations, the second-worst ratio in the country.

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The Center Square was launched in May 2019 to fulfill the need for high-quality statehouse and statewide news across the United States. The focus of our work is state- and local-level government and economic reporting. www.thecentersquare.com
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