Marathon Pundit: Harvey pension debacle could be first of many in Illinois

Marathon Pundit: Harvey pension debacle could be first of many in Illinois:
"Later this week Harvey, Illinois will lay off half of its police officers and firefighters because the corrupt south suburb of Chicago has been shorting its pension funds for years.
More may be coming.
From WTTW Chicago:

This could just be the first shoe to drop.

The city of North Chicago is being penalized as well. And according to an analysis by Amanda Kass, a researcher at the University of Chicago, there are 74 police or fire pension funds in towns across the state that are as similarly underfunded as Harvey (you can download that list of funds here). ..

Read all!