"Two of Chicago’s four city pension funds will be bankrupt within a few years, according to Chicago Mayor Rahm Emanuel. You’d think that’s a scenario unions – the supposed champions for public-employee retirements – would want to avoid. But not in Chicago. Unions are fighting to block any kind of pension reform, effectively locking in bankruptcy for city-employee pension systems."
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Original Language: English
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Benjamin VanMetre, Unions to Bankrupt Chicago Pension Funds, IllinoisPolicy.org, December 29, 2014
https://en.wikiquote.org/wiki/Trade_unions
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Trade unions
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