The First 10 City Pensions That Will Run Out Of Money http://www.businessinsider.com/first-city-pensions-insolvent-2010-12?slop=1#slideshow-start
#10 Fort Worth...Unfunded liability: $2 billion Unfunded liability per household: $7,212 Solvency horizon: 2023
#9 Detroit...(already Obamasized)
#8 Baltimore...Unfunded liability: $3.7 billion Unfunded liability per household: $15,420 Solvency horizon: 2022
#7 New York City...Unfunded liability: $122.2 billion Unfunded liability per household: $38,886 Solvency horizon: 2021
#6 Jacksonville...Unfunded liability: $4 billion Unfunded liability per household: $12,994 Solvency horizon: 2020
#5 St. Paul...Unfunded liability: $1.4 billion Unfunded liability per household: $13,686 Solvency horizon: 2020
#4 Cincinnati...Unfunded liability: $2 billion Unfunded liability per household: $15,681 Solvency horizon: 2020
#3 Boston...Unfunded liability: $7.5 billion Unfunded liability per household: $30,901 Solvency horizon: 2019
#2 Chicago...Unfunded liability: $44.8 billion Unfunded liability per household: $41,966 Solvency horizon: 2019
#1 Philadelphia..Unfunded liability: $9 billion Unfunded liability per household: $16,690 Solvency horizon: 2015
gotta wonder how many of these are sanctuary cities in addition to their other moronic choices. I know St.Paul is.
They said it is because the teachers' union refuses to discuss $2 billion excess in pensions the city just cannot pay. The union is predictably going to war for money that just isn't there.
Damn, 6th?! At least the mayor is talking ‘reform’ (and he’s a DEM). I think the last few RINOs really torqued this city. At least if the unions went under, I don’t think many would even notice (outside of some areas)