Illinois legislators knew there was no analysis of the Tier 2 pension system — the sort that could have prevented enacting a plan now at risk of not meeting Social Security safe harbor regulations — but they did it anyway.
Are Democrats uniquely to blame for failure to fund pensions? No – or not in Illinois, at least.
No, Illinois is not making any progress towards pension reform. Because no one in power seems to care.
Florida, Kentucky, Illinois, Massachusetts, and New York: some are improving their pensions, some are worsening their finances.