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Illinois needs about $150B for its pension plan alone
Posted on: January 9, 2021 at 15:26:59 CT
Bulldog Bob Brown STL
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to simply have it properly funded. Then it will need another $150B after that and the need for funding grows exponentially in the coming years. Under its current format and number of future claimants and current pensioners, it could get to the point where it consumes all the state revenues. Amazing situation they find themselves in.
Edited by Bulldog Bob Brown at 15:29:52 on 01/09/21
Edited by Bulldog Bob Brown at 15:29:52 on 01/09/21
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Illinois needs about $150B for its pension plan alone - Bulldog Bob Brown STL - 1/9 15:26:59