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Because every pension fund is funded from different revenue sources and has a unique mix of employees, there is not a one-size fits all solution. Each fund needs to ensure a fair and sustainable benefit for all stakeholders.

Below is a comparison of the proposals for the State of Illinois, the City of Chicago, and the OpenPensions.org proposal for Cook County:

What do you think a fair and sustainable retirement benefit looks like?

One Response to What do you think a fair & sustainable retirement benefit looks like?

  1. CEF5105 says:

    A “fair benefit” is one that allows a median life-style in the state. A “sustainable benefit” is one that keyed to the ability of the population to pay it. This means that benefits cannot grow faster than the economy of the state.

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