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Resource ID: #24606
Subject: State Government
Source: Chicago Sun-Times
Affiliation: 
Date: 09/11/2009; 09/13/2009; 09/14/2009; 09/15/2009

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Description

The state of Illinois is in a large amount of debt due to its pension plan, which is causing services to be eliminated. The pension plan has allowed some government retirees to become millionaires and others earning “at least $100,000 a year”. This is one of the reasons the state is in large debt and the fact the pension plan is costing “more than $800 million a month”.

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