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Baton Rouge No. 2 for underfunded pension liabilities

APRIL 18, 2019 | GREATER BATON ROUGE BUSINESS REPORT

Includes “The same pressures Baton Rouge faces are plaguing public retirement systems around the country … Illinois, New Jersey and Kentucky top the list of states in worst shape on a percentage of revenue basis. … Chicago tops the list with more than 60% of its city revenues dedicated to pensions, while only paying some 35%.” (Note: this article was based on an April 10 Wall Street Journal article by Heather Gillers).

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