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Municipal Bond Credit Report: Illinois unfunded pension burden hits new peak of $141 billion - Website Lift Off

Municipal Bond Credit Report: Illinois unfunded pension burden hits new peak of $141 billion

Municipal Bond Credit Report: Illinois piled nearly $4 billion onto its unfunded pension liabilities in fiscal 2020 as statutorily based payments fell well short of actuarial requirements and amid lackluster investment returns dampened by the COVID-19 pandemic… Link to Story