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If any private company wanted to sell a financial product akin to public sector pensions they would be arrested and charged with fraud. Come to IL -- plenty of
by ChrisBland 8y ago
If any private company wanted to sell a financial product akin to public sector pensions they would be arrested and charged with fraud. Come to IL -- plenty of pension games to play here
- Shivetya 8y agothe big story in Illinois is that even with proper management the Chicago pension system will be broke in about two years. however we cannot just vilify Illinois as many public employee pension systems have been built upon promises that are not sustainable and will leave millions with no real retirement as each fund implodes
- notfromhere 8y agothe big story in illinois is that the state, across both parties and multiple governors, underfunded the pension to a tragic degree and now its at crisis proportions.