Financial crisis looms in East St. Louis over police pension debt

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The City of East St. Louis is facing a financial crisis due to its ongoing battle with the police department, as the Police Pension Board has voted to send paperwork to the state comptroller to seize millions of city dollars to reduce the balance.

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They were promised the money, give them their money. Then maybe put the new hires on 401k's like everyone else. This entire state from top to bottom is sucked into a gigantic pension hole.

Cobunnydan
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What is there to say that already hasn’t been said.

Robertska