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Illinois Offered Her $100,000 for Part of Her Pension COLA. The Raise She Gives Up Lasts the Rest of Her Life.
FG
FOMOGRAM Editorial Desk
Aug 8, 2026

EXECUTIVE SUMMARY
Illinois is handing some public pension members a six-figure offer, but buried in the fine print is a trade that grows more expensive with every passing year of retirement.
Illinois is handing some public pension members a six-figure offer, but buried in the fine print is a trade that grows more expensive with every passing year of retirement.
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