Anderson Economic Group Work

Annual levy to go up to help pay for pensions

“Anderson Economic Group examined what would happen if the state government voted to ease the investment restrictions on local pension funds with less than $10 million in assets — that is, allow them to invest more than the 40 percent of its funds in the stock market or to be able to diversify portfolios more liberally. The study showed that gains for the 228 smallest funds in Illinois would average as much as 5 to 6.8 percent per year if the restrictions were eased.”

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