Blusteryknollfarm - 12/12/2025 12:57
Kingfisher567 - 12/12/2025 12:18
illinidirtfarmer - 12/12/2025 11:33
Retiree benefits are earing up billions in the public sector everywhere.
If Illinois put an extra million towards pensions every day it would take 600 years to fully fund them.
If what you say is true how does that end up playing out?
It continues until the boomer generation has received what they were promised using the assumptions that population growth and life expectancy would remain at prior levels. Then the system collapses unless promises are broken or the contributions by the working age population goes sky high.
The only way to avoid that is for the current and impending retirees to accept less than what they were promised.
$9 Billon Loss?
