The First 10 City Pensions That Will Run Out Of Money
#2 Chicago...Unfunded liability: $44.8 billion Unfunded liability per household: $41,966 Solvency horizon: 2019
#1 Philadelphia..Unfunded liability: $9 billion Unfunded liability per household: $16,690 Solvency horizon: 2015
Their day in the sun is coming:
http://www.businessinsider.com/first-city-pensions-insolvent-2010-12?slop=1#slideshow-start
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