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Tag Archives: COGFA

Is the Underfunding of Our Pensions 3 Times More Than Advertised?

Posted on December 20, 2015 by Steve Reick

We’re being told that our public pension plans are underfunded by $111 billion. That’s bad enough, but what if the underfunding is actually 3 times that amount? Continue reading →

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Posted in Public Pensions | Tagged COGFA, Public Pensions | 4 Comments

19% of Illinois’ Budget Goes to Pensions, and That Number is Going UP

Posted on December 20, 2015 by Steve Reick

24% of Illinois’ 2017 budget will go to fund the state’s 5 pension plans. Is it any wonder that state services are falling by the wayside? Continue reading →

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Posted in Public Pensions | Tagged COGFA, Illinois Budget, Public Pensions | 4 Comments
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