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Deputy Gov. Dan Hynes appears on “Chicago Tonight” on Nov. 26, 2019. (WTTW News)

Earlier this month, the Illinois legislature voted to consolidate almost 650 suburban and downstate police and fire pension funds into just two. How exactly will it impact the state’s beleaguered finances? 

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Gov. J.B. Pritzker addresses a new bill to raise the state's minimum wage to $15 an hour on Thursday, Feb. 7, 2019. (Justin L. Fowler/The State Journal-Register via AP)

As Illinoisans wait for new Gov. J.B. Pritzker to unveil his budget plan, Pritzker’s administration is delving into the perilous state of Illinois’ finances with a series of reports.