The State is bust, morally and financially. The best solution to the pension problem is to 1) switch to all charter schools, 2) get rid of public teachers and 3) break the union contracts and pension plans and future obligations, replacing those with pensions for those already retired with numbers that the state taxpayers can afford.
If we don't do the above, the result is going to either be a bankrupt state, not supplying any benefits or any programs to anyone, or property taxes and state taxes that are five times higher than at present.
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Elk Grove Village