Featured Jobs
|
Relationship Manager - Defined Contributions Daybright Financial
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
PPS Pension Services
|
|
Retirement Plan Onboarding Specialist Compass
|
|
DWC - The 401(k) Experts
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Illinois Pension Reform Efforts Squeeze Penalty to 2011 Low
Bloomberg 
Apr. 1, 2013
"Investors betting the worst is over for Illinois have driven its debt to the strongest level in two years as the state offers $800 million of general-obligation bonds, its biggest sale in 11 months. ... Four months after Democratic Governor Pat Quinn released a video showing a cartoon of 'Squeezy the Pension Python' threatening to strangle the capitol building in Springfield, investors are looking to Illinois debt to pad returns. Buyers demand 1.3 percentage points of extra yield on 10-year debt from Illinois and its localities, close to the smallest since February 2011, data compiled by Bloomberg show."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |