Skip to main
  2. Prediction Markets
  3. Economics
  4. Illinois pension debt in 2026?
Economics

Illinois pension debt in 2026?

Above $140 billion93¢93%
Above $145 billion82¢82%
Above $150 billion10¢10%
$22,714.22 Vol.

Event estimated to resolve on . These probabilities are based on what other investors recently paid for Yes and No positions.

About

If the combined unfunded actuarial liability of Illinois’ five State-funded retirement systems for Fiscal Year 2026 is above $140 billion, as reported by the Illinois Commission on Government Forecasting and Accountability, then the market resolves to Yes. The Underlying is the combined unfunded actuarial liability of Illinois’ five State-funded retirement systems for Fiscal Year 2026, as reported in the Illinois Commission on Government Forecasting and Accountability’s November Special Pension Briefing. The five State-funded retirement systems are the Teachers’ Retirement System, State Universities Retirement System, State Employees’ Retirement System, Judges’ Retirement System, and General Assembly Retirement System. Use the value reported for total unfunded liabilities, or an equivalent combined unfunded actuarial liability figure, for all five systems together. The value should be based on the actuarial value of assets / smoothed value of assets, not the market value of assets, unless CGFA does not report an actuarial/smoothed-value figure for FY2026.

  • Full contract termsView
  • SourceBureau of Labor Statistics- Consumer Price Index, Bureau of Labor Statistics- Employment Situation
  • Est. resolution date
  • Total event volume$22,714.22
  • Timeline

    The market will close and expire early if the event occurs. Otherwise, it closes by .

    1. Event open
    2. Event closed
    3. Projected payout
  • Insider trading is prohibited

    The following are prohibited from trading this contract:

    • Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
    • Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.

Trade Yes contracts

  • Above $170 billion
    Volume$11,118.00
    Price6¢
    +25.00% today
  • Above $155 billion
    Volume$4,192.08
    Price6¢
    +25.00% today
  • Above $150 billion
    Volume$2,672.58
    Price14¢
    0.00% today
  • Above $160 billion
    Volume$2,367.26
    Price8¢
    +33.33% today
  • Above $165 billion
    Volume$2,230.06
    Price7¢
    +16.67% today
  • Above $145 billion
    Volume$84.24
    Price83¢
    +5.13% today
  • Above $140 billion
    Volume$50.00
    Price99¢
    -2.11% today

Trade No contracts

  • Above $170 billion
    Volume$11,118.00
    Price98¢
    -1.04% today
  • Above $155 billion
    Volume$4,192.08
    Price99¢
    -1.04% today
  • Above $150 billion
    Volume$2,672.58
    Price94¢
    0.00% today
  • Above $160 billion
    Volume$2,367.26
    Price96¢
    -2.13% today
  • Above $165 billion
    Volume$2,230.06
    Price96¢
    -1.06% today
  • Above $145 billion
    Volume$84.24
    Price27¢
    -18.18% today
  • Above $140 billion
    Volume$50.00
    Price9¢
    +40.00% today

FAQ

Frequently asked questions

Public shows live market-implied probabilities, contract prices, and trading volume for Illinois pension debt in 2026?. The leading outcome is Above $140 billion, with an estimated probability of 93% and a Yes contract price of $0.99. Odds can change as traders buy and sell event contracts.

On Public, you can buy and sell event contracts for Illinois pension debt in 2026? by choosing from the available outcomes. Compare live odds, probabilities, prices, and trading volume before making a trade. You can manage prediction markets alongside stocks, options, bonds, and crypto on Public.

Each event contract represents an outcome for Illinois pension debt in 2026?. On Public, you can take a Yes or No position based on whether you think that outcome will occur. Contract prices reflect market-implied probabilities and can change as the market trades.

The estimated resolution date for Illinois pension debt in 2026? is Nov 1, 2026. The prediction market will resolve according to its contract terms using Bureau of Labor Statistics- Consumer Price Index, Bureau of Labor Statistics- Employment Situation as the designated source. See the full contract terms on Public for the specific resolution criteria.

Yes. Public's AI Agents let you automate prediction market strategies using rules you define in plain English. Create an Agent to monitor the odds for Illinois pension debt in 2026? and take supported actions when your conditions are met. Since prediction markets trade 24/7, your Agent can monitor opportunities around the clock. You can also connect Public to your preferred AI model through MCP, including ChatGPT, Claude, Perplexity, Grok, and Muse.

How to trade the odds on Illinois pension debt in 2026?

  1. 1

    Create a Public account

    Sign up on Public.com or download the Public app for iOS or Android. Complete your profile in minutes, then explore live odds and probabilities across prediction markets.

  2. 2

    Fund your account

    Securely link your bank account to deposit funds. Depending on eligibility, you may unlock up to $250,000 in instant buying power right away.

  3. 3

    Buy and sell event contracts

    Explore Prediction Markets from the Invest menu or search Public for Illinois pension debt in 2026?. Review the latest odds and probabilities, then buy or sell event contracts based on your view.

  4. 4

    Manage your portfolio

    Track your prediction market positions alongside stocks, options, bonds, and crypto. Plus, create AI Agents for investing and connect your portfolio through MCP to AI models like ChatGPT, Claude, Perplexity, Grok, and Muse.

Related events

TSA passenger screenings on Oct 23, 2026
| $8.00 Vol.
At least 2,700,000 passengers
At least 2,200,000 passengers
At least 2,100,000 passengers
TSA avg check-ins from Oct 19 to 25, 2026?
| $13,034.62 Vol.
Above 2.5 million
Above 2.8 million
Above 2.6 million
Chicago Fed National Financial Conditions Index in October
| $19,805.72 Vol.
Above -0.56
Above -0.52
Above -0.50
Russia unemployment rate in September
| $15,128.08 Vol.
Above 2.1%
Above 2.3%
Above 2.2%
Initial jobless claims for the week ending October 24, 2026
| $2,903.82 Vol.
At least 200,000
At least 215,000
At least 205,000
Continuing jobless claims for the week ending October 17, 2026
| $422.00 Vol.
At least 1760K
At least 1710K
At least 1700K
Germany unemployment rate in October
| $2,287.42 Vol.
Above 6.3%
Above 6.4%
Above 6.5%
Brazil unemployment rate in September
| $3,284.00 Vol.
Above 5.1%
Above 5.2%
Above 5.6%
Tech layoff rate in September
| $636.12 Vol.
Above 0.8%
Above 1.8%
Above 2.4%
US job openings in September
| $735.82 Vol.
Above 7.20M
Above 7.30M
Above 7.35M
Auto-loan delinquencies in Q3 2026
| $15,662.58 Vol.
Above 5.4%
Above 5.6%
Above 5.8%
ADP employment change in Oct 2026?
| $10,501.24 Vol.
Above 25000
Above 50000
Above 75000
US Challenger job cuts in October
| $7,983.32 Vol.
Above 50,000
Above 60,000
Above 70,000
Will AI be the #1 reason for job cuts in October?
| $17,466.86 Vol.
AI #1?
Canada unemployment rate in October
| $9,069.46 Vol.
Above 6.4%
Above 6.5%
Above 6.6%
Unemployment in October
| $314,888.98 Vol.
Above 4.1%
Above 4.2%
Above 4.3%
Jobs numbers in October 2026?
| $270,886.10 Vol.
Above 50,000
Above 60,000
Above 70,000
October 2026 Employment Combo · U3 & NFP
| $2,217.36 Vol.
U3: 4.3%, NFP growth: Below 50k
U3: 4.1% or below, NFP growth: 50-99k
U3: 4.4% or above, NFP growth: 100k or above
US jobs revisions in the report covering October 2026
| $252.18 Vol.
Above -100,000
Above 0
Above 50,000
US hourly earnings growth in October
| $336.00 Vol.
Above 0.2%
Above 0.3%
Above 0.4%
Unemployment rate in Oct 2026?
| $86,710.54 Vol.
Exactly 4.2%
Exactly 4.1%
Exactly 4.3%
Temporary-help employment in October
| $2,058.22 Vol.
Above 2.440 million
Above 2.480 million
Above 2.520 million
South Africa unemployment rate in Q3
| $37,321.66 Vol.
Above 32.0%
Above 32.5%
Above 33.0%
China unemployment rate in October
| $20,612.20 Vol.
Above 5.0%
Above 5.1%
Above 5.2%
Will wage satisfaction hit a new low in 2026?
| $2,948.72 Vol.
Below 52.3%
US retail sales in October
| $370.64 Vol.
Above -0.2%
Above 0.0%
Above 0.4%
South Africa retail sales in September
| $101.98 Vol.
Above -2.0%
Above -1.5%
Above -0.5%
Australia unemployment rate in October
| $21.66 Vol.
Above 4.6%
Above 5.1%
Above 4.4%
US Leading Economic Index change in October
| $82.44 Vol.
Above -0.4%
Above 0.1%
Above -0.2%
UK retail sales in October
| $0.00 Vol.
Above -0.5%
Above 0.5%
Above 0.0%
Mexico unemployment rate in October
| $13,362.76 Vol.
Above 2.6%
Above 2.8%
Above 3.0%
Credit Card Delinquency Rate in Q3 2026
| $5,256.64 Vol.
Above 2.80%
Above 2.81%
Above 2.82%
Will U.S. GivingTuesday donations set a new record in 2026?
| $0.00 Vol.
GivingTuesday Record Broken
ADP employment change in Nov 2026?
| $2,199.92 Vol.
Above 25000
Above 50000
Above 75000
Will Kentucky distillery employment rise YoY?
| $60,930.52 Vol.
Above 7,542 jobs
Unemployment rate in Nov 2026?
| $29,003.00 Vol.
Exactly 4.2%
Exactly 4.1%
Exactly 4.6%
Will youth unemployment fall below 7.5% in 2026?
| $45,348.10 Vol.
Yes
Jobs numbers in Nov 2026?
| $14,583.74 Vol.
Above 50,000
Above 60,000
Above 70,000
Unemployment in November
| $46,363.98 Vol.
Above 4.4%
Above 4.1%
Above 4.2%
Bristol Bay sockeye run forecast for 2027
| $31,103.84 Vol.
Between 43 and 48.99 million
Between 37 and 42.99 million
Between 49 and 55 million
Will Michigan consumer sentiment go above 65 in 2026?
| $9,990.28 Vol.
Yes
Canadian counter-tariff rate on U.S. electric trucks at the end of 2026
| $2,674.32 Vol.
Above 20%
Above 40%
Above 30%
Canadian counter-tariff rate on U.S. EVs at the end of 2026
| $2,132.32 Vol.
Above 10%
Above 20%
Above 30%
How high will unemployment get in 2026?
| $1,621,478.06 Vol.
Above 4.5%
Above 17%
Above 4.8%
Will the Sahm Rule trigger in 2026?
| $6,734.60 Vol.
Yes
US unemployment rate at year-end 2026
| $16,095.86 Vol.
Above 4.0%
Above 4.5%
Above 5.5%
US retail jobs added this holiday season
| $33,159.86 Vol.
Above 550,000 jobs
Above 450,000 jobs
Above 500,000 jobs
US labor force participation rate at year-end 2026
| $8,739.18 Vol.
61.5% to 61.9%
61.0% to 61.4%
60.5% to 60.9%
US labor force participation rate at year-end 2026
| $39,138.90 Vol.
Above 61.00%
Above 61.50%
Above 62.00%
State of the economy at the end of 2026
| $313,637.56 Vol.
Overheating
Soft landing
Stagflation
Will wages beat inflation in 2026?
| $4,128.78 Vol.
Above 0.0%
US personal saving rate below 2% in 2026?
| $2,197.34 Vol.
Below 2.0%
US personal saving rate at year-end 2026
| $14,983.52 Vol.
4.0% or Above
3.0% to 3.4%
Below 2.5%
Port of Savannah container volume in 2026
| $63,704.06 Vol.
Above 5.4 million TEUs
Above 5.6 million TEUs
Above 5.8 million TEUs
Will Hawaii visitor spending increase YoY in 2026?
| $47,434.44 Vol.
Above $21.7531 billion
Port of Mobile container volume in 2026
| $186,842.74 Vol.
Above 500,000 TEUs
Above 525,000 TEUs
Above 550,000 TEUs
Will Manhattan's Q4 2026 office vacancy rate be below 18%?
| $2,950.00 Vol.
Below 18.0%
Hawaii total visitor arrivals in 2026
| $80,511.78 Vol.
Above 9.6 million
Above 9.8 million
Above 10.0 million
South Carolina ports total container volume in 2026
| $102,009.76 Vol.
Above 2.3 million TEUs
Above 2.4 million TEUs
Above 2.5 million TEUs
Will Port of Baltimore container volume rise YoY?
| $31,554.94 Vol.
Above 1,113,309 TEUs
Port of Virginia total container volume in 2026
| $101,334.92 Vol.
Above 3.15 million TEUs
Above 3.25 million TEUs
Above 3.45 million TEUs
Will Trump cut the China trade gap below $150B in 2026?
| $3,442.76 Vol.
Below $150B
US student loan debt at end of 2026
| $6,113.28 Vol.
Above $1.88 trillion
Above $1.86 trillion
Above $1.90 trillion
Canadian trips to the U.S. down 20% in 2026?
| $61,852.52 Vol.
Decline greater than 20%
Visitors to Florida in 2026
| $430,912.10 Vol.
Above 140 million
Above 142 million
Above 144 million
Will Florida receive more visitors in 2026 than in 2025?
| $139,486.30 Vol.
Above 143.33 million visitors
Port of New York and New Jersey container volume in 2026
| $486,675.54 Vol.
Above 8.7 million TEUs
Above 8.8 million TEUs
Above 8.9 million TEUs
Will South Carolina transportation equipment jobs rise YoY?
| $586.00 Vol.
Above 53,600 jobs
Washington professional, scientific, and technical services employment at end of 2026
| $908,133.20 Vol.
Above 255,000 jobs
Above 260,000 jobs
Above 265,000 jobs
U.S. nonfarm productivity YoY above 3% in any 2026 quarter?
| $105,001.16 Vol.
Above 3%
How many government employees will Trump cut?
| $40,405.82 Vol.
More than 100,000
More than 200,000
More than 150,000
Will Glacier National Park set a visitation record in 2026?
| $22,528.34 Vol.
Above 3,305,512
Maine lobster landings in 2026
| $141,098.24 Vol.
Above 70 million pounds
Above 75 million pounds
Above 80 million pounds
Will Indiana transportation equipment jobs rise YoY?
| $19,230.02 Vol.
Above 120,800 jobs
Average Wall Street bonus in 2026
| $383,170.18 Vol.
Above $250,000
Above $275,000
Above $300,000
Will North Carolina pharmaceutical manufacturing jobs rise YoY?
| $45,078.12 Vol.
Above 26,500 jobs
Will Oregon semiconductor manufacturing jobs rise YoY?
| $39,601.74 Vol.
Above 26,400 jobs
Will unemployment in Brazil be below 5.8% in Q4 2026?
| $37,152.48 Vol.
Below 5.8%
Will Yellowstone record over 5 million recreation visits in 2026?
| $97,446.68 Vol.
Above 5 million
Will Wyoming's unemployment rate remain below 3.5% in 2026?
| $10,917.08 Vol.
Below 3.5%
New River Gorge recreation visits in 2026
| $233,043.78 Vol.
Above 2.0 million
Above 2.1 million
Above 2.2 million
Will Delaware credit-intermediation employment increase YoY in 2026?
| $28,097.30 Vol.
Above 26.0 thousand employees
Will Louisiana oil & gas extraction jobs rise YoY?
| $3,711.48 Vol.
Above 5,100 jobs
Will O’Hare set a new passenger record in 2026?
| $24,455.20 Vol.
Above 84,856,018 passengers
Will Michigan auto manufacturing jobs rise YoY?
| $42,190.20 Vol.
Above 156,600 jobs
Will Minnesota medical-device manufacturing jobs rise YoY?
| $30,696.00 Vol.
Above 18,200 jobs
Will New Jersey pharmaceutical manufacturing jobs rise YoY?
| $26,866.02 Vol.
Above 30,300 jobs
Will New York securities-industry employment rise YoY?
| $7,624.00 Vol.
Above 230,400 jobs
Will Missouri manufacturing employment rise YoY?
| $96,645.94 Vol.
Above 280,500 jobs
Pennsylvania annual-average manufacturing employment in 2026
| $364,706.96 Vol.
Above 550,000 jobs
Above 555,000 jobs
Above 560,000 jobs
Will Massachusetts scientific R&D jobs rise YoY?
| $45,997.44 Vol.
Above 103,400 jobs
Will Ohio manufacturing employment rise YoY?
| $60,909.96 Vol.
Above 677,400 jobs
Wisconsin manufacturing employment average in 2026
| $370,086.34 Vol.
Above 455,000 jobs
Above 457,500 jobs
Above 460,000 jobs
Washington aerospace manufacturing employment average in 2026
| $1,276,182.58 Vol.
Above 83,000 jobs
Above 84,000 jobs
Above 85,000 jobs
Vermont total milk production in 2026
| $71,000.92 Vol.
Above 2.50 billion pounds
Above 2.55 billion pounds
Above 2.60 billion pounds
Will Connecticut insurance-industry employment increase YoY in 2026?
| $68,272.50 Vol.
Above 54,600 employees
Will Tennessee transportation equipment jobs rise YoY?
| $35,876.32 Vol.
Above 69,700 jobs
Will Orlando hotel room demand increase YoY in 2026?
| $1,370.84 Vol.
Above 34.5 million room nights
Median Big Law starting salary in 2027
| $1,304.00 Vol.
Above $230,000
Above $240,000
Above $245,000

Live odds on Illinois pension debt in 2026?

Track live odds and trade event contracts inside a multi-asset portfolio on Public. Plus, create AI Agents for your prediction market strategies.

Illinois pension debt in 2026?

Order
Odds
Max payoutBefore fees
$0.00

Prediction Markets Glossary

Learn more

Event estimated to resolve on at 10:00AM. These probabilities are based on what other investors recently paid for Yes and No positions.


Restrictions and eligibility requirements apply.


Trading event contracts involves significant risk and is not appropriate for all investors. Before investing, please read our Event Contracts Risk Disclosure and carefully consider your financial situation, investment objectives, and risk tolerance. Live data is for informational purposes only and may be delayed or incorrect.


Event contracts offered by Open to the Public Investing, Inc. and Apex Clearing Corp. through KalshiEX LLC.

© Copyright 2026 Public Holdings, Inc. All Rights Reserved.

Market data powered by Xignite.

All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

Stocks, ETFs, Options, Bonds.
Self-directed brokerage accounts and brokerage services for US-listed, registered securities, options, and Bonds, except for treasury securities offered through Jiko Securities, Inc., are offered to self-directed customers by Open to the Public Investing, Inc. (“Public Investing”), a registered broker-dealer and member of FINRA & SIPC. Additional information about your broker can be found by clicking here. Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Public Investing is not registered. Securities products offered by Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. Additional information can be found here.

Options.
Certain requirements must be met in order to trade options. Options can be risky and are not suitable for all investors. Options transactions are often complex, and investors can rapidly lose the entire amount of their investment or more in a short period of time. Investors should consider their investment objectives and risks carefully before investing in options. Refer to the Characteristics and Risks of Standardized Options before considering any options transaction. Supporting documentation for any claims, if applicable, will be furnished upon request. Tax considerations with options transactions are unique and investors considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy.

Options Order Flow Rebates.
If you are enrolled in our Options Order Flow Rebate Program, Public Investing will share a percentage of our estimated order flow revenue for each completed options trade as a rebate to help reduce your trading costs. Rebate rates vary monthly from $0.06-$0.18 and depend on your current and prior month’s options trading volume. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. To learn more, see our Options Rebate Program Terms & Conditions, Order Rebate FAQ and Fee Schedule.

Bonds.
“Bonds” shall refer to corporate debt securities and U.S. government securities offered on the Public platform through a self-directed brokerage account held at Public Investing and custodied at Apex Clearing. For purposes of this section, Bonds exclude treasury securities held in treasury accounts with Jiko Securities, Inc. as explained under the “ Treasury Accounts” section.

Investments in Bonds are subject to various risks including risks related to interest rates, credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. The value of Bonds fluctuate and any investments sold prior to maturity may result in gain or loss of principal. In general, when interest rates go up, Bond prices typically drop, and vice versa. Bonds with higher yields or offered by issuers with lower credit ratings generally carry a higher degree of risk. All fixed income securities are subject to price change and availability, and yield is subject to change. Bond ratings, if provided, are third party opinions on the overall bond's credit worthiness at the time the rating is assigned. Ratings are not recommendations to purchase, hold, or sell securities, and they do not address the market value of securities or their suitability for investment purposes.

A Bond Account is a self-directed brokerage account with Public Investing. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. The Bond Account’s yield is the average, annualized yield to worst (YTW) across all ten bonds in the Bond Account, before fees. A bond’s yield is a function of its market price, which can fluctuate; therefore a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule.

Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. You should evaluate each bond before investing in a Bond Account. The bonds in your Bond Account will not be rebalanced and allocations will not be updated, except for Corporate Actions.

Fractional Bonds also carry additional risks including that they are only available on Public and cannot be transferred to other brokerages. Read more about the risks associated with fixed income and fractional bonds. See Bond Account Disclosures to learn more.

High-Yield Cash Account.
A High-Yield Cash Account is a secondary brokerage account with Public Investing. Funds in your High-Yield Cash Account are automatically deposited into partner banks (“Partner Banks”), where that cash earns interest and is eligible for FDIC insurance. See here for a list of current Partner Banks. Your Annual Percentage Yield is variable and may change at the discretion of the Partner Banks or Public Investing. Apex Clearing and Public Investing receive administrative fees for operating this program, which reduce the amount of interest paid on swept cash. Neither Public Investing nor any of its affiliates is a bank. Learn more.

Cryptocurrency.
Cryptocurrency trading, execution and custody services are provided by Zero Hash LLC (“Zero Hash”). Zero Hash is licensed to engage in a virtual currency business by the New York State Department of Financial Services, and is a licensed money transmitter in all other US states and certain US territories. Zero Hash is not a registered broker-dealer or a member of FINRA. Cryptocurrencies are not stocks and your cryptocurrency investments are not FDIC insured or SIPC protected.

Cryptocurrency investing is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrencies offered by Zero Hash are not securities and are not FDIC insured or protected by SIPC. Your cryptocurrency assets are held by Zero Hash, not Public. Your Zero Hash Crypto account is separate from your brokerage account with Public Investing, which holds US-listed stocks and ETFs. Please review the Risk Disclosures before trading.

Treasury Accounts.
Investing services in treasury accounts offering 6 month US Treasury Bills on the Public platform are through Jiko Securities, Inc. (“JSI”), a registered broker-dealer and member of FINRA & SIPC. See JSI’s FINRA BrokerCheck and Form CRS for further information. JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 “par value” (the T-bill’s value at maturity). T-bills are purchased at a discount to the par value and the T-bill’s yield represents the difference in price between the “par value” and the “discount price.” Aggregate funds in your Treasury Account in excess of the T-bill purchases will remain in your Treasury Account as cash. The value of T-bills fluctuate and investors may receive more or less than their original investments if sold prior to maturity. T-bills are subject to price change and availability - yield is subject to change. Past performance is not indicative of future performance. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. As a general rule, the price of a T-bills moves inversely to changes in interest rates. Although T-bills are considered safer than many other financial instruments, you could lose all or a part of your investment. See Jiko U.S. Treasuries Risk Disclosures for further details.

Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.

Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank. JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

Commission-free trading refers to $0 commissions charged on trades of US listed registered securities placed during the US Markets Regular Trading Hours in self-directed brokerage accounts offered by Public Investing. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Public’s Investing’s Fee Schedule to learn more.

Fractional shares are illiquid outside of Public and not transferable. For a complete explanation of conditions, restrictions and limitations associated with fractional shares, see our Fractional Share Disclosure to learn more.

Investment Plans. Investment Plans (“Plans”) shown in our marketplace are for informational purposes only and are meant as helpful starting points as you discover, research and create a Plan that meets your specific investing needs. Plans are self-directed purchases of individually-selected assets, which may include stocks, ETFs and cryptocurrency. Plans are not recommendations of a Plan overall or its individual holdings or default allocations. Plans are created using defined, objective criteria based on generally accepted investment theory; they are not based on your needs or risk profile. You are responsible for establishing and maintaining allocations among assets within your Plan. Plans involve continuous investments, regardless of market conditions. Diversification does not eliminate risk. See our Investment Plans Terms and Conditions and Sponsored Content and Conflicts of Interest Disclosure.

Alpha.
Alpha is an experiment brought to you by Public Holdings, Inc. (“Public”). Alpha is an AI research tool powered by GPT-4, a generative large language model. Alpha is experimental technology and may give inaccurate or inappropriate responses. Output from Alpha should not be construed as investment research or recommendations, and should not serve as the basis for any investment decision. All Alpha output is provided “as is.” Public makes no representations or warranties with respect to the accuracy, completeness, quality, timeliness, or any other characteristic of such output. Your use of Alpha output is at your sole risk. Please independently evaluate and verify the accuracy of any such output for your own use case.

Market Data.
Quotes and other market data for Public’s product offerings are obtained from third party sources believed to be reliable, but Public makes no representation or warranty regarding the quality, accuracy, timeliness, and/or completeness of this information. Such information is time sensitive and subject to change based on market conditions and other factors. You assume full responsibility for any trading decisions you make based upon the market data provided, and Public is not liable for any loss caused directly or indirectly by your use of such information. Market data is provided solely for informational and/or educational purposes only. It is not intended as a recommendation and does not represent a solicitation or an offer to buy or sell any particular security.

View Full Disclosures