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Illinois pension fund liability jumps 19%

MARCH 4, 2021 | by Rob Kozlowski | PENSIONS & INVESTMENTS

By Rob Kozlowski, includes “Illinois' adjusted net pension liability will total $317 billion for the current year, according to Moody's Investors Service. … Moody's uses that high-grade corporate bond index to value state and local government pension liabilities. As of June 30, the state's aggregate net pension liabilities reported under Government Accounting Standards Board rules totaled $154 billion, up from $145 billion a year earlier.”

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