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Milwaukee's Pension Hangover | Milwaukee News

Milwaukee County’s 25-year-old pension gamble is still costing residents big time—higher bus fares, shuttered parks, and deferred maintenance—all to pay off a $400 million debt from a 2000-era deal that handed out lucrative “backdrop” payments to thousands of employees. Now, with a new state-run pension system and a tiny sales tax hike, officials say full funding is on track by 2040—but for now, services are shrinking, and taxpayers are paying the price. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…

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