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D Labor, Education & Pensions

State’s Public Pension Problem Is Worse Than You Think

Last week, the Securities and Exchange Commission charged Illinois with fraud for misrepresenting the fiscal health of its public pension system. For years, the Midwestern state had been hoodwinking municipal bond investors into believing that it had been properly funding its public servants’ retirement plans when, in reality, the state has a long history of [...]

Labor, Education & Pensions Issues

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