The changes will result in higher contribution rates starting July 1, 2018, that will raise pension costs by $42.4 million for state and local governments and by $28.4 million for public employees.        

Topics:  july   pension   million   
BING NEWS:
  • Illinois may take on massive public pension boost with no clue on costs
    Several bills that enhance Tier 2 state worker pension benefits, reduce retirement ages, allow for large end-of-career lump-sum payments and other pension sweeteners are moving through the Illinois ...
    04/23/2024 - 10:44 am | View Link
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