Source: www.zerohedge.com Submitted by Tyler Durden As we’ve known for quite some time now, Illinois is completely insolvent, and in large part due to enormous pension liabilities which as of December were underfunded to the tune of $111 billion. Not only is the state insolvent, its millionaires can’t get out fast enough to avoid the massive tax hikes … Continue reading The Chicago Pension Scandal: $100,000+ Teacher Pensions Costing Taxpayers $1 Billion