Friday, November 18, 2011

State employee pension systems deliver budget shock

State employee pension systems deliver budget shock - Springfield, IL - The State Journal-Register
Most for university pensions
The university system is the main reason for the increase.
SURS originally expected to need $1.06 billion next year.
Instead it told lawmakers and the governor’s office it needs $1.4 billion, up from $980.5 billion this year.

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