Bankrupt Illinois Cities Forced To Cut Services To Fund Govt Employee Pensions
Hey so what if the roads are full of potholes, the trash isn’t picked up, and the snow isn’t plowed? The government employees need your taxes to fund their pensions.
(From Zerohedge)
In total, the city (East St. Louis) has a shortfall of more than $104 million in its public safety pension plans, according to Illinois’ Department of Insurance. That’s more than $9,700 per household in a community where 43 percent of people live below the poverty line.
Reprinted from: https://www.ac2news.com/2019/09/bankrupt-illinois-cities-forced-to-cut-services-to-fund-govt-employee-pensions/
