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Pritzker’s accounting gimmicks can’t fix pension crisis, but real reform can

FEBRUARY 21, 2020 | by Adam Schuster | ILLINOIS POLICY INSTITUTE

By Adam Schuster, includes “A deeper dive into Pritzker’s original five-point plan shows the proposals range from ineffective to counterproductive. 1. Underfund pensions by extending payment ramp … 2. Pawn off state assets … 3. Gamble with taxpayer money … 4. Hike taxes and dedicate an insignificant amount to pensions … 5. Extend partial, optional pension buyouts …”

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