Forbes: No, Illinois Hasn't Solved Its Pension Crisis

This one's for my Illinois readers, given that our legislators and our governor have been patting themselves on the back for passing a budget with enough spending generosity and accounting gimmicks to (they hope) make constituents happy.

And among the touted savings in the new State of Illinois budget are three pension items, each of which are claimed to have achieved that holy grail of saving money, passing constitutional muster, and requiring no sacrifice from anyone.  Eh, not so fast.  Click here to read more....