Public Pensions

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.

The Illinois Pension Funding Problem: Why It Matters

Release: November 20, 2006

An analysis of the five Illinois retirement systems finds that the state's worst-in-the-nation unfunded pension liability has grown by more than $7 billion in just the last two years.