Tuesday, April 26, 2011

This sure doesn't make me feel good about my Illinois pension

    For the second year in a row, Illinois ranks dead last when it comes to saving money to pay promised worker pensions -- and the hole is getting worse. According to a new report being issued this morning by the Pew Center on the States, Illinois through fiscal 2009 had set aside just 51% of the $126 billion it will need to pay retired workers their pensions.