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Home Illinois News

Illinois’ worst-in-the-nation pension crisis explained

Illinois Review by Illinois Review
October 11, 2021
in Illinois News
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Illinois' pension crisis touches every corner of the state. From public safety and service cuts in the Metro East, to a junk credit rating for the city of Chicago, to exploding property tax bills across the collar counties. Illinoisans now owe $45,000 in pension debt per household. But what's driving Illinois' pension crisis? And how did Illinois politicians let it get this bad? Illinois Policy Institute's Adam Schuster explains.

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