teachers

Pensions
5:03 pm
Tue August 20, 2013

Pension Returns Up; Problems Remain

Credit Amanda Vinicky

Illinois' largest public pension fund hit a major low in 2012, its rate of return was less than one percent.  But an early analysis shows the last fiscal year was better than expected. The success isn’t expected to make much of a dent in Illinois’ nearly $100 billion dollar pension liability, however, which lawmakers thus far have failed to tackle.   

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