“Illinois just reached an alarming milestone: each Illinois household is now on the hook for, on average, $110,000 in government-worker retirement debts. That figure is the result of dividing Illinois’ $530 billion in state and local retirement shortfalls among the state’s 4.9 million households. In 2019, the burden was $90,000 per household.“
Illinois is perhaps the worst but not only pension fund in big trouble.
Illinois Pension Shortfall Surpasses $500 Billion, Average Debt Burden Now $110,000 Per Household | ZeroHedge