Expecting a State pension?
By: Diane Benjamin Illinois is 49th in pension funding as of 2019. Only New Jersey is worse: https://tinyurl.com/Tax-Foundation-Source It is likely 2020 didn’t change these stats, local pensions aren’t included. Excerpts: Low funding levels are challenging not only because of the large contributions required to make up the debt, but also because they generate less in investment […]
