• Heritage Action
  • More

Source of Unfunded Liabilities in Illinois State Pension Plans

Created on December 22, 2015

Source of Unfunded Liabilities in Illinois State Pension Plans

Illinois-Pension-Reform-xzyuyxxxys

DOWNLOAD a high-resolution version of this graphic.

Read the original report, "Illinois Pension Reform: Three Wrongs Do Not Make a Right," by Joel Griffith and Andrew Kloster.

VIEW all graphics for this report.

Unfunded liabilities in the Illinois state pension plans have increased by $92 billion over the past two decades. More than 60 percent of the increase is due to flawed assumptions in the long-term projections of the original 1996 policy.

Sources of Unfunded Liabilities in Illinois State Pension Plans

CHART 2 • BG 3061

Tags: Illinois, Pension-Reform, Pension-Protection-Clause