Better Government Association weighs in on proposed fix for Illinois’ $143 billion in pension debt​on January 26, 2025 at 2:50 am

CHICAGO (WLS) — At more than $143 billion, Illinois’ pension debt is one of the worst in the nation.

There is a proposed fix of the state’s Tier 2 pension system, but it is costly.

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It would reportedly get the state to 100% funding by 2048 without raising taxes or cutting pension benefits.

David Greising, Better Government Association president, joined ABC7 to talk more about the proposed fix.

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