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.
I’m sure teachers still teaching. Wait till audit of burke controlled $100 mil year work comp comes out (probably doesnt cover cps) thanks to the feds. While alverez,fox, l madigan, k raoul do nothing