R&D by Prepd: Illinois Pension Reform

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1238112_499167350177246_728795908_nToday’s R&D is brought to you by Prepd, the only software built specifically for extemp. Prepd makes it easy to research, practice, and compete!  Visit www.prepd.in to learn more. Like Prepd on Facebook for special info and contests.

The resources below discuss Illinois pension reform.  Illinois has suffered credit rating downgrades over its public employee pension deficit,which is over $100 billion, and has enacted some reforms as of yesterday to raise the retirement age and reduce cost-of-living increases.  Coupled with Detroit, Illinois pension reform strategy may be copied by other municipal and state governments that are not funding their public employee pensions properly.

 

 

 

 

 

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