The status quo led the General Assembly to reduce pension payments four  straight years starting in 2005, costing billions of dollars as the delay in  contributions essentially borrowed from pension funds at a very high interest rate.  — Politifact Illinois on Thursday, February 16th, 2017. True. And 36 others are  collecting over ...
The status quo led the General Assembly to reduce pension payments four  straight years starting in 2005, costing billions of dollars as the delay in  contributions essentially borrowed from pension funds at a very high interest rate.  — PolitiFact Illinois on Thursday, February 16th, 2017. Half-True. More like a half  double- ...
The status quo led the General Assembly to reduce pension payments four  straight years starting in 2005, costing billions of dollars as the delay in  contributions essentially borrowed from pension funds at a very high interest rate.  — PolitiFact Illinois on Thursday, February 16th, 2017. Half-True. More like a half  double- ...
Dec 31, 2016 ... Illinois has been going down the wrong path for far too many years. ... Jan 4 at 6: 35 PM .... The status quo led the General Assembly to reduce pension payments  four straight years starting in 2005, costing billions of dollars as the delay ...  essentially borrowed from pension funds at a very high interest rate.
Feb 3, 2010 ... retirement benefits are set, how they are funded and how costs are ... year, Pew  will release a study of cities' public sector retirement ..... the end of fiscal year  2008, which for most states .... 4. Pew Center on the States. 4. ExECUTIVE  SUmmARY. STATE ..... savings plan at a 1 percent contribution rate, but.
The status quo led the General Assembly to reduce pension payments four straight years starting in 2005, costing billions of dollars as the delay in contributions essentially borrowed from pension funds at a very high interest rate.