Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
He ran the worse school district in America….u46.
“Having just retired”. Oh, well. Another double-dipper, a pension fund collector while gainfully employed at CPS? Do tell.
Hmmm…maybe sly. CPS heads south just point at the elected school board. Good pay, no responsibility……government work or education.
Poor guy must be nuts!