Florida making bucks

Illinois’ six state-run pension systems this year will pay retired government workers nearly $14 billion in combined benefits, but a good chunk of that money will leave Illinois. 
 More than 71,000 retired public employees have moved out of state and taken their benefits with them. That amounts to $2.4 billion in benefits received from Illinois but spent outside of Illinois.

Those 71,000 moves represent nearly 20% of all retirees collecting pension benefits from the six state-run retirement systems, according to an analysis by the Daily Herald.

And Illinois citizen's vote for it to happen.   And, I might add, this totally fouls the overlapping generations model.  Exit is the common term in Illinois, get out ASAP, especially Chicago.

How about other states?

New Jersey, it seems, is the last place where people want to spend their golden years. Almost 67% of all New Jersey moves were outbound last year, according to a survey from United Van Lines. The relocation company polled 26,998 of its customers who moved last year, through Nov. 30. A third of people who left New Jersey also cited retirement as a primary reason for their decision to pack up and go. In all, United logged 4,430 total shipments in the Garden State. Of these, 2,959 were sent out of state. Maine and Connecticut round out the top three states people are moving away from due to retirement, the moving service found.