Towns spending 33% of property taxes on pensions – Daily Herald

In 2018, the average amount spent on public pensions by 74 suburbs was equal to one-third of what those towns collected in property taxes.

In a few suburbs, the amount spent on pension debt was almost as much as the total amount property owners paid in taxes that year.

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NB-Chicago
6 years ago

Unbalivable. And sure those figures do not inclde teacher ‘pension pick-ups’.

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