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Ted Dabrowski: Paradigm Shift Needed for Illinois Pensions

May 4, 2012

By many measures Illinois is one of the nation's most fiscally dysfunctional states. One indication of the dysfunction is the state's pension system for government workers, conservatively estimated to have an unfunded liability of $85 billion.

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By many measures Illinois is one of the nation's most fiscally dysfunctional states. One indication of the dysfunction is the state's pension system for government workers, conservatively estimated to have an unfunded liability of $85 billion. The governor has proposed pension reforms but Ted Dabrowski of the Illinois Policy Institute says much bolder reforms are needed to solve the problems.

Article Tags
Taxes Government Spending
Author
Steve Stanek (sstanek@heartland.org) is a research fellow at The Heartland Institute.
sstanek@heartland.org