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Pritzker’s pension prescription: borrow, defer payments and peddle assets

FEBRUARY 15, 2019 | by Greg Hinz | PENSIONS & INVESTMENTS

In a speech to the City Club of Chicago and a phone interview, Deputy Gov. Dan Hynes suggested the key to the plan is to extend the period of time the state has to reach full funding of its pension plays by seven years, to 2052. "Full funding" currently is defined has having 90% of the assets needed to pay promised benefits.

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