Pension Debacle Begins: Illinois to Delay Pension Payments

Discussion in 'Retirement Planning Forum' started by Justin Bilyj, Oct 14, 2015.

  1. Justin Bilyj
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    Justin Bilyj Well-Known Member

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    This will only snow ball as many munis and states are over-leveraged with many outstanding social obligations.

    Now, as Bloomberg reports, pension payments are set to be delayed. Bond payments, apparently, will still be made.

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