Lege Trend. How the Land of Lincoln is Tackling Unfunded Pension Liabilities.

Illinois is considering a $107 Billion bond to shore up its pensions.

What would Illinois do with the bond proceeds? 

  • Ensure a nearly fully funded pension system
  • The pension system funds would then be invested in the usual fashion

Bloomberg | Illinois Ponders Pension-Fund Moonshot: a $107 Billion Bond Sale