The Chicago Way... elect dems and it’ll come to your community next...
Not only have these 23 disenfranchised the state of Illinois voters-they’re MAKING them pay for it.
And probably We the People in the rest of the country are on the hook when these funds go bust.
Interesting that that’s the cost to buy a Democrat state government in what would otherwise be a predominantly red state.
Illinois hasn’t enough rope...or tall enough trees for this nonsense.
They’re cashing out now because like animals they sense the coming change in the weather.
Very easy solution to this problem: Raise taxes in millionaires and billionaires and use the extra revenue to cover any pension shortfall. After all, who can deny these hardworking union leaders what they’ve earned?
I think the best part of this story is the picture on the front page that shows the union boss, who is receiving a pension worth 3x his salary, standing in front of a sign, with a bullhorn, deriding Wall Street.... HYPOCRITE!