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A mortgage-sized bill of pension debts awaits anyone who moves to Illinois

Ted Dabrowski  |  June 30, 2020

By Ted Dabrowski, includes “… The state is drowning in public pension debt and anyone living here will be forced to pay that debt down over the next two to three decades. For many considering a move, that’d be reason enough to avoid this state. It’s particularly bad in Chicago, where residents are on the hook for $150 billion in debts to public sector pensioners. That’s the amount Moody’s calculates Chicagoans owe when you add up the city debts plus their share of Cook County and state debts.”

Read the full article on: Wirepoints Illinois News

 
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