Public Pensions

HB 3798 of the 96th General Assembly

Release: July 15, 2009

Fact Shee on House Bill 1292 of the 96th General Assembly, which would have amended the General Assembly Retirement System (GARS) Article of the Illinois Pension Code to create a defined contribution plan for new members

Debunking Illinois Pension Myths!

Release: February 26, 2009

This Fact Sheet dispels some of the more common, and egregious, myths involving Illinois’ unfunded pension liability.

Pension Funding and the FY2008 Budget

Release: September 11, 2007

Pension funding and the state's FY2008 General Fund budget.

Illinois Burgeoning Unfunded Liability, More Than a Pension Problem!

Release: September 4, 2007

This Report explains the source of Illinois immense unfunded liability, and how it relates to the state's budget and overall fiscal position.

Summary: Report on the Financial Condition of the Illinois Public Employee Retirement Systems

Release: August 7, 2007

A two-page summary of the  Commission on Government Forecasting and Accountability's 2007 report on the Illinois' state pension systems.

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