Cities grapple with stemming pension tide – JournalCourier

Representatives of the independent fiscal policy group Wirepoints gather with lawmakers to discuss the release of its analysis of municipal pension funding. The report, “Illinois’ state-level pension crisis gets all the attention, but there’s another crisis brewing right in people’s backyards,” said Ted Dabrowski, president of Wirepoints, a fiscal policy group based in Chicago. The group is independent, but has advocated for changes to Illinois’ pension system — pushing for a move for new employees to a 401(k)-style system that would suspend cost-of-living increases until pensions are fully funded. It also would require state retirees to pay more for health insurance.

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