‘Whistling Past the Graveyard’: An Actuary Looks at the New Chicago Pension Bill – WP Original

By: Mark Glennon*   Steven Bourg is an enrolled pension actuary from Maryland. He has been watching events in Illinois and emailing me recently. By sheer coincidence, we discovered that we grew up within a few blocks of each other in Park Forest, a Chicago suburb, at the same time, but we’ve never met. (Must be some virus in the water there that induces hostility to pension scams.) Anyway, he did a quick take on the rough numbers for the bill covering two Chicago pensions — police and fire — that passed the General Assembly this weekend.  His view looks

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Cullerton blasts Rauner for upcoming negative ad blitz – A.P.

Cullerton says Rauner has been spending time preparing an ad blitz. Comment: Good time to remember that Cullerton’s standard stump speech, that he has been giving for a couple months, incorporates a professionally produced video slamming Rauner’s budget approach. An example from his City Club appearance is linked here.

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