After meeting with Illinois Governor Pat Quinn and discussing the state’s pension obligations, Sal has created two videos about the issue.
The first looks at how pensions differ from 401(k)s and IRAs. The second looks at how unfunded pensions will create future budget challenges for almost every state, especially Illinois.
For more about the Illinois pension squeeze, visit http://www.facebook.com/ThisisMyIllinois and http://thisismyillinois.com/.