Illinois’ Pension Debt $130,000,000,000.00

State of Illinois’ Pension Debt Jumps To $130 Billion

Each household in Illinois now owes more than $27,000 in state pension debt.  Pension payments are now crowding out other government services as the potion of the state general fund has risen from less than 3% in 1996 to almost 25%.

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The Illinois Policy Institute does a nice job of explaining it. illinoispolicy.org

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