Category: Illinois

TEF

ILLINOIS ECONOMIC CATASTROPHE DEMANDS TAX CUTS, NOT TAX INCREASES

The coronavirus damage to Illinois’ already-critically-ill economy could push Illinois state pension debt to over $300 billion, according to a recent study published in Wirepoints. The study’s authors based their calculations on figures from Moody’s Investors Service.

Lake Forest Government Retirees 2018 Pensions

Taxpayer Education Foundation (TEF) has released its report on Illinois Government Pensions, which revealed that despite a booming stock market, the six largest Illinois pension funds owe $141,481,548,163 that the funds do not have....