Will Public Pensions In Illinois — and Elsewhere — Crash? Here’s What Will Make The Difference

Will Public Pensions In Illinois — and Elsewhere — Crash? Here’s What Will Make The Difference

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Back in June, the consulting firm Milliman updated its estimated composite funded status for the 100 largest U.S. public pension plans, reporting that at the end of May, plans had made a fair amount of progress in recovering from the March market crash: while the 2019 year-end funded ratio had reached a level of 74.9%, and the March-end ratio had dropped down to 66%, at the end of May…

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