Illinois Pension Plans are BANKRUPT! Now EVERYONE Will Be Forced to Bail It Out!

in dtube •  7 years ago 


You thought the PENSION CRISIS is over? Think again. We have very serious issues with pensions particularly in Illinois and they’re rearing their ugly heads again. So who will be there to backstop the shortfall that’s taking place? It’s you.


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Sources Used in This Video:
https://goo.gl/UpprQe
Chicagoans face another property tax increase in 2020 | Chicago Sun-Times
https://chicago.suntimes.com/news/chicagoans-face-another-property-tax-hike-in-2020-mayoral-aide-says/
Illinois Senate Democrats pass $5.4B tax increase
https://www.illinoispolicy.org/illinois-senate-democrats-pass-5-4b-tax-increase/?gclid=Cj0KCQjwybvPBRDBARIsAA7T2kjwKqNfCnWJBzFb6B0eq2ZaHXyjKR2jCMRSKiYHcXn0Hsj5YovfVXsaAtWCEALw_wcB
Pension Fund Problems Worsen in 43 States
https://www.bloomberg.com/graphics/2017-state-pension-funding-ratios/


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You thought the PENSION CRISIS is over? Think again. We have very serious issues with pensions particularly in Illinois and they’re rearing their ugly heads again. So who will be there to backstop the shortfall that’s taking place? It’s you.

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As usual, taxpayers get holding the bag. The bag in this case is good ol' rahm.