Illinois Pensions in a Fiscal Context: A (Basket) Case Study
---- Acknowledgments ----
We are grateful to John Shoven, Eric Madiar and participants in the 2015 NBER conference on Retirement and Health Benefits in the Public Sector for helpful comments. Disclosure: Brown is a Trustee for TIAA, a financial services company that provides retirement plans to the not-for-profit and government sectors. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.