Name:   PTClakefan - Subject:   pensions Date:   7/15/2020 8:57:34 PM

That problem is not unique to those cities.  Underfunded pensions, both public and private industry are a big problem nationwide.  In some cities, monthly individual pension payments for police, firefighters, teachers, etc. can equal or exceed the amounts the pensioner would make if he/she were still working full time.  It is somewhat akin to a ponzi scheme; it works for a while, until it doesn't and then bad things happen.