Tag Archives: pensions

“Multiple cities in Illinois are forced to cut police, fire departments and other city services to fund pension plans”

MISH TALK Bankrupt Illinois Cities Forced To Cut Services To Fund Pensions by Mish September 19, 2019 Municipal leaders across Illinois need to demand the following if they want their cities to survive Illinois’ collective crisis: 1) An amendment to … Continue reading

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Illinois’s arrogant politicians have mortgaged our future: “Not only did the public officials spend other people’s money, they spent money that didn’t exist. To cover their tracks, they borrowed vast sums and knowingly underfunded the very pensions they had sweetened”

CHICAGO TRIBUNE How Illinois politicians consciously created these debt and pension crises Editorial Board August 26, 2016 …The first revelation explains, in a way we’ve not seen before, how methodically Illinois officials dumped so much debt and unfunded pension obligation … Continue reading

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