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To: SeekAndFind

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.


39 posted on 07/19/2013 8:48:40 AM PDT by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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To: TurboZamboni
Chicago just announced that they are laying off 2,000 education employees including 1,036 of the highest-paid and lowest-achieving teachers in the nation.

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.

41 posted on 07/19/2013 9:17:28 AM PDT by Sender (It's never too late to be what you might have been.)
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To: TurboZamboni

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)


49 posted on 07/19/2013 11:18:53 AM PDT by i_robot73 (We hold that all individuals have the Right to exercise sole dominion over their own lives - LP.org)
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