Illinois General Assembly Retirement System
Recent News About Illinois General Assembly Retirement System
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Analysis: General Assembly Retirement System would go bankrupt in three years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the General Assembly Retirement System would have lost $19,942,756 in 2018, according to a Sangamon Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: General Assembly Retirement System would go broke in three years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, General Assembly Retirement System lost $22,904,888 in 2016, according to a Sangamon Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 14% of General Assembly Retirement System is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 14 percent of the General Assembly Retirement System fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Rankings: 10 worst funded pensions in Metro Springfield
Springfield, Lincoln and Chatham have government pension funds with the lowest funding levels in Metro Springfield, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in Metro Springfield
Lincoln, Chatham and Springfield have government pension funds with the highest funding levels in Metro Springfield, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Springfield and Lincoln have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
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All play and no work -- yet legislators still draw paychecks, policy pro argues
Lawmakers have spent very little time in their seats, but at least they got to have play time, Austin Berg wrote on the Illinois Policy Institute website recently.