Blast from the Past: SURS Underfunding Warning From 1991

SSECCA News October 17, 2016General Info

Thanks to one of our readers for sending this one in: a 1991 editorial in the Northern Star talking about the under-funding of SURS that has been going on since 1981.  The article warns that if the under-funding does not stop that SURS could go bankrupt by 2018.  That prediction was not too far off: SURS is now around 43% funded with Illinois having a total of over $111 billion in unfunded pension liabilities.

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