Tag: municipal pensions

Just who is endangering Illinois’ municipal pensioners? WirePoints Original

  We pension pessimists are actually pension villains — the hardball folks happy to cut pensions, starve retired teachers, steal from cops, and so on. We villains overstate pension shortfalls so government will cut them off.  Right?   Consider instead if it might be the deniers — those who say the pension and fiscal crises are manageable, mostly through tax increases — who are really endangering pensions of rank and file municipal workers.   Illinois was broke long before the “Illinois is Broke” campaign began.  Insolvency was apparent to anybody half good with numbers who took some time to look

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