Unfunded public pensions--somebody's got to pay--
Unfunded pension liabilities draw attention of Homer-Lockport Tea Party - Illinois Review: "If the Illinois General Assembly votes this month to transfer pension liabilities to local school districts, the weight of the debt will fall on local property tax owners - both residential and business. . . . Michael Brown said: "Passing the pensions back onto the disticts will necessarily cause property taxes to increase overnight at least 25%. This will cripple homeowners who already are struggling to pay their mortgage. . . ""
But that's YOUR problem. See how government works!
Tweet Follow @hogsatthetrough
Subscribe to:
Post Comments (Atom)
My Blog List
-
-
-
-
32+ Years...4 years ago
-
-
New Normal News9 years ago
-
The Blog Moves On7 years ago
-
-
-
No comments:
Post a Comment