City Of Harvey Lays Off Half Of The Police And Fire Departments

Your job, your pension, or your home. You can’t get all three and some can’t even get one. The pension crisis in Harvey is just the first of several other Illinois towns that are going to get hit with the harsh reality that the math doesn’t work. Ponzi schemes always end and always end badly. Dan and Amy delve into a recent report from the South Cook News that reveals Harvey fire pensioners paid $1.1M into the retirement fund and have so far collected $25M.

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