- Total state pension debt sits at $203 Billion
- State Government Debt: $152.6 Billion
- Local Government Debt: $50.8 Billion dollars
- Total Pension debt equates to $41,000 of pension debt per household in Illinois
- Supreme Court ruled in 2015 that state employee pension agreements could not be modified, meaning that Illinois is on the hook for full pension costs
- Benefits for state retirees have grown more than 900% since 1987
- 60% of retirees retired in their 50’s with full benefits
- 60% of retirees can expect to spend 25 years collecting full retirement benefits
- Average career pensioner will receive more than $2,000,000 in retirement compensation
- Employee contributions over the course of one’s career equates to only 6% of retirement benefits received over the course of retirement