A small drama over pension spiking demonstrates how intractable the pension underfunding issue is in Illinois.
Forbes post, “Hidden In the Legislate-A-Thon, Illinois Restores Pension Spiking”
A small drama over pension spiking demonstrates how intractable the pension underfunding issue is in Illinois.
Illinois continues to be the mist corrupt state in the country.
The only state where you put $400,000 into the TRF only to get to $4,000,000 in pensions payouts over a 30 year retirement. 3% COLA while inflation is 1% the past 25 years. Illinois is the scam state