Public Pensions: Frequently Asked Questions
January 21, 2016
Ever want to know what the average pension is for a state employee? What’s a funding ratio, and what are the funding ratios for the different pension funds? How much did benefit increases cost the pension systems? How much did investment losses contribute to pension underfunding? What’s the biggest factor for underfunded public pensions in Illinois?
We’ve got answers to those questions and many more in this convenient document, "Public Pensions: Frequently Asked Questions."
- IB_2016.01.21_Pension FAQs.pdf (421.03 KB)