‘We’re in a Very, Almost Desperate Situation’
Perhaps no other state is currently in a deeper fiscal hole than forced-unionism Illinois, where there are more than $12 billion in unfunded liabilities of local public-safety pension funds alone.
Perhaps no other state is currently in a deeper fiscal hole than forced-unionism Illinois, where there are more than $12 billion in unfunded liabilities of local public-safety pension funds alone.
Illinois taxpayers are on the hook for a total of $424 billion in state and local retirement debt.