By Ted Dabrowski and John Klingner:
Moody’s Investors Service has updated its state-by-state pension liability report and if there’s one key takeaway, it’s that Illinois is the nation’s extreme outlier when it comes to pension shortfalls. Moody’s says Illinois’ state pension shortfall fell by 3.6 percent in 2018, similar to the national average, but that small reduction did nothing to drop Illinois from its worst-in-the-nation ranking.
Read more: Wirepoints
