This article is about state pensions. Those have been historically mismanaged and are definitely a mess, but those aren’t managed by the City of Chicago and are not related to the city’s financial situation. The governor, not the mayor, will deal with those.
Comments
I'm sorry, the math is not on your side
https://civicfed.org/blog/cook-county-pension-fund-fy2023-update
as I explained to the guy who just blocked me, the math is crazy; it is as if the City assumed it's salary (or equivalent) would increase 8% a year, EVERY year
just nuts