"The crisis is that the economic collapse that started in 2007, triggered by fraudulent and risky financial schemes, wiped out many Americans' personal savings and decimated many state and city pension investments.... The crisis is that the median retirement savings for all working-age households -- according to the Federal Reserve -- is $3,000, and only $12,000 for those near retirement. And that retirement insecurity is made worse by state-sponsored pension theft in places like Illinois, where public employees are being robbed of pension funds they earned and contributed to over decades of public service."