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Saturday, November 2, 2024

Jim Tobin, Taxpayer Education Foundation of Illinois News


Analysis of SERS and IMRF reveals massive transfer of dollars to retired bureaucrats

By Jim Tobin, Taxpayer Education Foundation of Illinois |
Taxpayer Education Foundation of Illinois (TEF) published its 2020 overview of the Illinois government pension system, and its analysis of the State Retirement System of Illinois (SERS) and the Illinois Municipal Retirement Fund (IMRF) which reveals a massive transfer of taxpayer dollars to the retired government bureaucrats covered by these plans.