bond rating http://tspr.org en Illinois Bond Rating Takes a Hit http://tspr.org/post/illinois-bond-rating-takes-hit <p>Standard &amp; Poor's downgraded Illinois' credit rating Wednesday, citing concerns over the state's inability to address its massively underfunded employee pension plans.<br><br>The action was taken less than two weeks after a special session in which Illinois lawmakers failed to reach an agreement on changing the state pension systems. Illinois still ranks 49th among the states, better only than California.<br> Wed, 29 Aug 2012 23:30:18 +0000 Rich Egger 20791 at http://tspr.org Illinois Bond Rating Takes a Hit