Tier 2 pension reform could cost $30B by 2045

Jan 22, 2025, 6:23 PM•crainalerts

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Breaking News

Wednesday, January 22, 2025

Reforming Tier 2 pensions could cost the state $30 billion, actuary says

The Legislature’s Commission on Government Forecasting and Accountability commissioned a study that tallies the 20-year cost of a reform package now under consideration in Springfield.

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