Our town …

… DROP Plans: The Looming Apocalypse in Philadelphia.

Here’s how bad it is: Our pension fund has $4.9 billion in assets but $11.3 billion in liabilities. Ultimately, in actuarial terms, that’s a $6.2 billion shortfall. For context, the entire city budget for the 2019 fiscal year is just $4.7 billion.

Well, as a wise man once said, what can't go on forever won't.