A little-noticed law that allows Illinois to force municipalities to fully fund their public-safety pension plans or lose often substantial state funding has caught the eye of Wall Street, with a major ratings agency warning that it could...
from nicholemhearn digest http://www.chicagobusiness.com/article/20180515/BLOGS02/180519923/local-pension-fix-could-backfire-sp-says?utm_source=BLOGS02&utm_medium=rss&utm_campaign=chicagobusiness
Tuesday, May 15, 2018
Local pension fix could backfire, S&P says
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