Our state pension funded ratio, this is important, has increased from about 39% when I took office to 50%. Are we celebrating? No, but it's progress. I also consolidated 649 small downstate fire and police pension funds, which has alleviated some of the upward pressure on local property taxes. If we hadn't done that, we'd be earning about 2% less every year. As we had been for 75 years in the past. 2% less than what other pension systems across America we're earning. (12:04–12:16)
CLAIM
Asserts that JB Pritzker consolidated 649 small pension funds to reduce pressure on local property taxes.
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