GFRC’s Amanda Kass Quoted In Stories On Pension Funding In Illinois

Police and Firefighter Pensions May Be Consolidated in IL

The Daily Herald interviewed Amanda Kass, associate director of the Government Finance Research Center at UIC, in an article about public safety pension investment shortfalls and the proposal to consolidate suburban and downstate police and firefighter pension funds. Kass says more municipalities will be hurt under consolidation than when the funds were on their own, and the biggest problem with consolidation is it doesn't address unfunded liabilities. Read more at:

Kass is also quoted in a Daily Journal (Kankakee) newspaper story about the average retirement ages of participants in various public pension funds in Illinois. Retirement ages are not to blame for the problems in Illinois pension systems, Kass said.