Illinois pension bout tests nation grappling with shortfalls

Published 6 Min Read

(Bloomberg) — Illinois’s remedy for the state’s worst-in- the-nation $111 billion pension-funding shortfall was disliked by lawmakers who voted for it, the new governor who inherited it and public employee unions who sued to void it.

Attorney General Lisa Madigan on Wednesday asked the state’s Supreme Court to resurrect it.

Andrew Harris
Law and governance reporter

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