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Infographic of the Day

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Infographic of the Day
Pew Center

Illinois is facing the largest unfunded pension liability in the country, according to a new report from the Pew Center on the States.

You can thank Blago -- under his administration, Illinois borrowed against the money it expected to earn from its pension fund. But the recession undercut those earnings, and the fund now earns 5% less than it was intended to.

Read the whole report at PewCenterOnTheStates.org [PDF].

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