Stoever Glass & Co., Inc.
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Show 17-011 Illinois and the Pension Crisis
Governments can find themselves on financial shoals for a multitude of reasons. In recent times, the phenomenon of underfunded pension plans has come to the fore, threatening the stability of political jurisdictions, the interests of investors, and the future of employees counting on the plans for a comfortable retirement. Roland Stoever views this emerging crisis through the lens of the state of Illinois, and considers the implications for the various affected parties. With Stoever Glass Director of Credit Analysis Hernando Montero-Salazar.