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The Illinois State Capitol in Springfield, Ill.
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News Local/State

Pension Expert: Illinois Is “The State You Don’t Want To Be”

While state leaders haggle over next year's budget, Illinois' $111 billion unfunded pension liabilty remains the elephant in the room.  Don Boyd is a senior fellow at the Rockefeller Institute in Albany, New York, and studies state finance with a focus on pensions.  Boyd spoke with Morning Edition Host Brian Moline about the causes of the shortfall and some possible solutions.