Ann Maher, Madison County Record Stories | Dupage Policy Journal

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Ann Maher, Madison County Record

Report shows 'true' accounting of pension liabilities more than double what governments say; Expert: debt is 'utterly absurd'

by Ann Maher, Madison County Record | May 26, 2017

Financial expert Mark Glennon of Wilmette says in his analysis of a new study on state and local pensions that the options available to reduce the substantial obligations facing Illinois funds include amending the state constitution or going through federal bankruptcy.