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: Instapundit.comKEVIN WILLIAMSON: Public-Pension Criminals. ?When Illinois passed its pension ?reform? law a f?
By Glenn Reynolds
KEVIN WILLIAMSON: Public-Pension Criminals. “When Illinois passed its pension ?reform? law a few months ago, it decided it could skip an additional $300 million in pension contributions this year, and many millions more in the future. This, for a pension system that already is less than half funded. The New York Times asked a few actuaries about that decision, and the bean-counters are crying foul. . . . Hey, taxpayer: How?s your retirement fund looking these days? Anything left to put in it after the state-workers? unions are done with you? Heck, you?re probably the kind of sucker who pays his mortgage with his own money.”
Full post as published by Instapundit.com on August 25, 2010 (boomark / email).
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