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Illinois public safety pension funds outside Chicago fare no better

JANUARY 10, 2018 | by Yvette Shields | THE BOND BUYER

"The unfunded liabilities of local government public safety funds outside Chicago nearly doubled over the last decade, eroding funded ratios to below 60%. The data is in a December report from the Illinois General Assembly's Commission on Government Forecasting and Accountability that reviewed the status of the 653 police and firefighter funds that cover public safety workers in municipalities outside Chicago."

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