Illinois Teachers' Pension Fund

[dellinger63]

Originally Posted by Riot

That's not what your story says.

No that's how the story is slanted. Notice no mention of unions etc. Fact is property taxes the average joe has paid EVERY YEAR (less he be repoed) for these pension funds were either poorly invested, stolen, a con man made up the contract, they were subject to their investments downfall or a little bit of all.

Nonetheless when the average joe's pention fund, ie his ira or 401K takes a dive for say half, where's his recourse? These pension funds are out-sourced and invested and have gone bad, Now the average joe needs to cover teachers pensions?

Sorry someone messed up and it wasn't Joe. Leave him the f' alone!