Illinois Pension Contributions: Taxpayers $6.2 Billion, Employees $1.5 Billion

Champion News reports:

Illinois Auditor General William Holland just released his latest cost analysis for pensions and came up with $6.2 billion state cost for the fiscal year starting July 1, 2011. Actuarial reports for the state pension funds (teachers, university and state employees) show employees will be required to contribute $1.5 billion for the same period or 24% as much as taxpayers.

Despite this overwhelming one-sided effort to fund the pensions by financially exhausted taxpayers the whining from entrenched liberal groups (unions, politicians, media) continues unabated.

They sure are special.