New tax law means fighting over unfunded state pension plans is about to get worse – MarketWatch

It will have a particularly draconian impact on states with large unfunded liabilities for pension benefits and retiree health care, in particular the residents of Illinois, Kentucky, Connecticut, and New Jersey.
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Steve-Oh
8 years ago

Maybe states like ILL and my state MD, can become responsible to the taxpayers and de-unionize all the govt workers currently in unions, then cut their pay 10% or 20%. Then amend the state constitutions and cut the pensions before bankruptcy does it (well, that’ll still happen in ILL)

Mike
8 years ago

The article appears twice on the website.

One post has an expanded editorial comment.

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