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For the past 75 years, Illinois has failed to make sufficient contributions to its Teachers Retirement System. As a result, TRS has a massive unfunded…
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Illinois lawmakers want to hold additional hearings to discuss how to proceed with a pair of similar bills aiming to deal with the state's pension…
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Illinois lawmakers say stock market declines this year are not cause for immediate concern for the state's massively underfunded pension system.…
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A major credit rating agency has downgraded Chicago Public Schools' rating deeper into "junk" status. Fitch Ratings lowered the rating to B-plus, citing…
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A state legislative report says Illinois' unfunded pension liability is $111-billion. The report comes as legislative leaders and Gov. Bruce Rauner have…