Reporting from Illinois Public Radio's Brian Mackey.
Illinois' pensions systems should get more scrutiny under legislation Governor Pat Quinn signed this afternoon. Illinois will be hiring its first "state actuary."
Until now, Illinois' five state pensions systems have issued their own reports on their financial health.
In the future, an independent "state actuary" will look at the retirement funds for state and university workers, legislators, judges, and public school teachers in the suburbs and downstate.