Illinois has $120 billion in unfunded pension liabilities

[ColonelAngus]

Why do snowflakes suck so badly at math?

 

[Toro]

Eventually, IL will go bankrupt or slash pensions.

Other states will also.

This will be a big issue next decade.

 

[CrusaderFrank]

Eventually, IL will go bankrupt or slash pensions.

Other states will also.

This will be a big issue next decade.

Not a chance. The Unions will take to the streets and do murder to get the citizens to cough up.

 

[gtopa1]

Eventually, IL will go bankrupt or slash pensions.

Other states will also.

This will be a big issue next decade.

Not a chance. The Unions will take to the streets and do murder to get the citizens to cough up.

Greece on steroids.

Greg

 

[brummelben]

Why do snowflakes suck so badly at math?

do you even have a clue as to what an unfunded liability is?

 

[ColonelAngus]

Eventually, IL will go bankrupt or slash pensions.

Other states will also.

This will be a big issue next decade.

That's the game for keeping corrupt political and in power.

Promise insanely high pensions to union members.
Stay in office off the financial burden you created for future generations of taxpayers.

Fuck Illinois. Those corrupt pieces of shit should not get one dime of my tax money to bail them out because of their corruption.

 

[g5000]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

 

[CrusaderFrank]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

 

[g5000]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

To see how your state is doing, go here: Does Your State Have A Pension Problem? - WSJ.com

And here: State Pension Plans: Liabilities, Funded Ratios

California and New York are in much better shape than Alabama and Alaska and Louisiana and Mississippi and a lot of other red states.

 

[JBond]

Pensions 101: Understanding Illinois’ massive, government-worker pension crisis | Illinois Policy

Judge orders end to police pension-padding tactic used by suburban officers

 

[JBond]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

To see how your state is doing, go here: Does Your State Have A Pension Problem? - WSJ.com

And here: State Pension Plans: Liabilities, Funded Ratios

California and New York are in much better shape than Alabama and Alaska and Louisiana and Mississippi and a lot of other red states.

I know the Dems managed to screw up pensions in Kansas.

KPERS Debt Created under Previous Administrations

 

[brummelben]

Eventually, IL will go bankrupt or slash pensions.

Other states will also.

This will be a big issue next decade.

States cannot go bankrupt, genius!

 

[brummelben]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

To see how your state is doing, go here: Does Your State Have A Pension Problem? - WSJ.com

And here: State Pension Plans: Liabilities, Funded Ratios

California and New York are in much better shape than Alabama and Alaska and Louisiana and Mississippi and a lot of other red states.

I know the Dems managed to screw up pensions in Kansas.

KPERS Debt Created under Previous Administrations

There aren't many democrats in Kansas, Dorothy.

 

[CrusaderFrank]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

To see how your state is doing, go here: Does Your State Have A Pension Problem? - WSJ.com

And here: State Pension Plans: Liabilities, Funded Ratios

California and New York are in much better shape than Alabama and Alaska and Louisiana and Mississippi and a lot of other red states.

2013?

2011?

No wonder.

Fred Flintstone said IL pensions were rock solid

"Despite a massive rally in the stock market, Illinois public pension liabilities continue to grow.

GARS, the Illinois General Assembly Retirement System, is only 13.52% funded, down from 17% funded in 2013. How long can GARS last?

Meanwhile, Illinois has accrued a combined net pension liability of roughly $130 billion on which it assumes a 7% return.

Effectively, that is an interest liability of $9.1 billion a year even though that liability technically does not bear interest.

This is a guest post from Michael Lucci at the Illinois Policy Institute."

Illinois General Assembly Retirement System Only 13.52% Funded | Zero Hedge

 

[g5000]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

To see how your state is doing, go here: Does Your State Have A Pension Problem? - WSJ.com

And here: State Pension Plans: Liabilities, Funded Ratios

California and New York are in much better shape than Alabama and Alaska and Louisiana and Mississippi and a lot of other red states.

I know the Dems managed to screw up pensions in Kansas.

KPERS Debt Created under Previous Administrations

BWA-HA-HA-HA-HA!

Republicans have controlled Kansas forever, retard. Nice try.

33 out of the 46 governors of Kansas have been Republicans.


Kansas Senate

Kansas is one of the most GOP-leaning states in the country, and the Republicans have held a majority in the Kansas Senate for decades.

Kansas House of Representatives

Republicans hold a supermajority in the Kansas House of Representatives, and have controlled the chamber for decades.

Yep. It must be the Democrats fault...somehow.

 

[g5000]

Do you tards ever get tired of falling over and over and over again for lies of omission?

Apparently not.

 

[80zephyr]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

To see how your state is doing, go here: Does Your State Have A Pension Problem? - WSJ.com

And here: State Pension Plans: Liabilities, Funded Ratios

California and New York are in much better shape than Alabama and Alaska and Louisiana and Mississippi and a lot of other red states.

2013?

2011?

No wonder.

Fred Flintstone said IL pensions were rock solid

"Despite a massive rally in the stock market, Illinois public pension liabilities continue to grow.

GARS, the Illinois General Assembly Retirement System, is only 13.52% funded, down from 17% funded in 2013. How long can GARS last?

Meanwhile, Illinois has accrued a combined net pension liability of roughly $130 billion on which it assumes a 7% return.

Effectively, that is an interest liability of $9.1 billion a year even though that liability technically does not bear interest.

This is a guest post from Michael Lucci at the Illinois Policy Institute."

Illinois General Assembly Retirement System Only 13.52% Funded | Zero Hedge

Tell us what an unfunded liability is, asshole!

It is the difference between what(in this case) a state promises to pay compared to the income(in this case taxes) it expects to generate to pay for those promises.

Mark

 

[JBond]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

To see how your state is doing, go here: Does Your State Have A Pension Problem? - WSJ.com

And here: State Pension Plans: Liabilities, Funded Ratios

California and New York are in much better shape than Alabama and Alaska and Louisiana and Mississippi and a lot of other red states.

I know the Dems managed to screw up pensions in Kansas.

KPERS Debt Created under Previous Administrations

BWA-HA-HA-HA-HA!

Republicans have controlled Kansas forever, retard. Nice try.

33 out of the 46 governors of Kansas have been Republicans.


Kansas Senate

Kansas is one of the most GOP-leaning states in the country, and the Republicans have held a majority in the Kansas Senate for decades.

Kansas House of Representatives

Republicans hold a supermajority in the Kansas House of Representatives, and have controlled the chamber for decades.

Yep. It must be the Democrats fault...somehow.

Wrong. But that is OK. I'm used to it from you. Go back and read the link, chuckles.

 

[JBond]

Why do snowflakes suck so badly at math?

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

To see how your state is doing, go here: Does Your State Have A Pension Problem? - WSJ.com

And here: State Pension Plans: Liabilities, Funded Ratios

California and New York are in much better shape than Alabama and Alaska and Louisiana and Mississippi and a lot of other red states.

I know the Dems managed to screw up pensions in Kansas.

KPERS Debt Created under Previous Administrations

There aren't many democrats in Kansas, Dorothy.

They typically they run with an R next to their name, such as in the last election, but go read the link. Democrat governors screwed it up royally.

 

[g5000]

Alabama's pension system is 66.0% funded.

Louisiana's pension system is 61.1% funded.

Mississippi's pension system is 61.0% funded.

Kansas' pension system is 59.9% funded.

Alaska's pension system is 52.2% funded.

Connecticut's pension system is 51.9% funded.

Kentucky's pension system is 48.9% funded.

Illinois' pension system is 47.1% funded.

Notice most of those states are red states. So you were saying?

IL is 47% funded? Based on what?

To see how your state is doing, go here: Does Your State Have A Pension Problem? - WSJ.com

And here: State Pension Plans: Liabilities, Funded Ratios

California and New York are in much better shape than Alabama and Alaska and Louisiana and Mississippi and a lot of other red states.

I know the Dems managed to screw up pensions in Kansas.

KPERS Debt Created under Previous Administrations

BWA-HA-HA-HA-HA!

Republicans have controlled Kansas forever, retard. Nice try.

33 out of the 46 governors of Kansas have been Republicans.


Kansas Senate

Kansas is one of the most GOP-leaning states in the country, and the Republicans have held a majority in the Kansas Senate for decades.

Kansas House of Representatives

Republicans hold a supermajority in the Kansas House of Representatives, and have controlled the chamber for decades.

Yep. It must be the Democrats fault...somehow.

Wrong. But that is OK. I'm used to it from you. Go back and read the link, chuckles.

Yeah, you keep telling yourself the supermajority of Republicans in the state legislature who control the purse strings aren't responsible. Oh my god, you tards are a neverending source of amusement.