Lightfoot’s 2020 budget requires $60 million pension reimbursement from CPS – Chicago Sun-Times

At a time when union leaders claim another $38 million could end the teachers strike, Mayor Lori Lightfoot’s 2020 budget requires the Chicago Public Schools to reimburse the city for $60 million in pension contributions previously covered by City Hall. The historic about-face is buried in the mayor’s budget overview. It states, “In 2020, an additional $60 million is expected from Chicago Public Schools to cover a portion of its share of the city’s annual contribution to the Municipal Employees’ Annuity and Benefit Fund.”

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