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It's probably not much of surprise that Florida is the most popular state for retirees. But what you might find interesting is that a number of our neighbor states seem to be common choices for retirees from all five pension systems. If anything, that tells you the Midwest's weather is not the only culprit.
The Illinois Supreme Court delivered their unanimous decision May 8: Illinois' pension reform law, signed by former Gov. Pat Quinn in December 2013, is unconstitutional and cannot stand. Illinois politicians and organizations began to respond right away, some more pleased with the decision than others.
The seven justices have been tasked with judging whether or not the state's failing pension systems can be saved by adopting the 2013 pension reform law. The law, which would dial back some of Illinois' public pension system benefits, was found unconstitutional in a lower court. Now, the highest court in the state will have its say.