The state of Illinois, the state of California, probably most other states, too, all in the same bad situation. If you look at the budgets for school districts, same thing--a lot of $$$ going to pension obligations, starving the rest of the organization. Our taxes keep going up, but no level of tax can fill this void. Pensions were pretty much a ponzi, they spent the money and what they invested failed to perform as projected.

Every city, county, local municipality, and school district over-promised on pensions while underpaying salaries.