Phil323 Wrote:
Apr 09, 2012 2:33 PM
Pensions are becoming more and more volatile, and it’s hard to find anywhere more so than in Illinois. With liabilities mounting and returns underestimated (http://on.wsj.com/qB3BON), the danger to taxpayers will continue to grow (http://nyti.ms/p9JEUG). If some form of reform isn’t introduced to state it won’t be long before the state ends up like Rhode Island, on the brink of total insolvency due to pension mismanagement (http://nyti.ms/wn7HlE).