CPS’ $175M pension payment narrowly approved by Board of Ed as City Hall ripped for saddling district with debt – Chicago Sun-Times*

The payments are “absolutely” expected to increase moving forward as the city’s MEABF costs go up, though exact figures aren’t yet known, CPS Chief Financial Officer Miroslava Krug said. Preliminary estimates are CPS could be on the hook for $226 million in 2023 and up to $300 million in 2026, Krug said.

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