Illinois is Insolvent

[tomek.150]

Illinois pension plans are in serious trouble. So serious, the states seeks a federal bailout. Cities are in trouble too!


I was certain this would happen, but the way this happened is a bit unexpected. Some of the state pension plans will run out of money in as little as 2-7 years.

Wirepoints reports Illinois pension plans were running out of cash long before the Coronavirus hit.


www.zerohedge.com/political/insolvent-illinois-begs-congress-pension-bailout