{"id":18992,"date":"2013-09-27T15:03:40","date_gmt":"2013-09-27T19:03:40","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=18992"},"modified":"2013-09-27T15:03:40","modified_gmt":"2013-09-27T19:03:40","slug":"top-10-biggest-civic-pension-liabilities-in-america","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/18992\/top-10-biggest-civic-pension-liabilities-in-america\/","title":{"rendered":"Top 10 Biggest Civic Pension Liabilities in America"},"content":{"rendered":"<p>\u201cMost of the 50 local governments with the largest pension debt have worker retirement liabilities that are greater than their annual tax revenue, according to a new report from the credit-rating firm Moody\u2019s,\u201d says the lead in a <a href=\"http:\/\/www.washingtonpost.com\/business\/economy\/2013\/09\/26\/e05203c6-26f2-11e3-b75d-5b7f66349852_story.html\" target=\"_blank\">Washington Post<\/a> story.<\/p>\n<p>The emerging leader in the deepening pension saga is Chicago, whose \u201cpension liabilities were equal to 678 percent of its revenues as of 2011,\u201d notes <a href=\"http:\/\/www.usnews.com\/news\/articles\/2013\/09\/26\/report-chicagos-pension-woes-worse-than-detroits\" target=\"_blank\">US News &amp; World Report<\/a>.<\/p>\n<p>Here are the others in the top (or is it bottom?) ten:<\/p>\n<p>Rank Debt Issuer Pension Liabilities as Percentage of Revenue<\/p>\n<p>1. Chicago 678.2 percent<\/p>\n<p>2. Cook County (Ill.) 381.6<\/p>\n<p>3. Denver County School District 1 341.6<\/p>\n<p>4. Jacksonville, Fl. 326.9<\/p>\n<p>5. Los Angeles 324.5<\/p>\n<p>6. Metro. Water Reclamation District of Chicago 323.4<\/p>\n<p>7. Houston 312.4<\/p>\n<p>8. Dallas 292.5<\/p>\n<p>9. Clark County (Nev.) School District 259.1<\/p>\n<p>10. Phoenix 240.2<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cMost of the 50 local governments with the largest pension debt have worker retirement liabilities that are greater than their annual tax revenue, according to a new report from the credit-rating firm Moody\u2019s,\u201d says the lead in a Washington Post story. The emerging leader in the deepening pension saga is Chicago, whose \u201cpension liabilities were [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[229,81,1588],"class_list":["post-18992","post","type-post","status-publish","format-standard","hentry","category-posts","tag-chicago","tag-debt","tag-pension"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/18992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=18992"}],"version-history":[{"count":8,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/18992\/revisions"}],"predecessor-version":[{"id":19000,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/18992\/revisions\/19000"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=18992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=18992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=18992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}