After putting final budget to bed, Rahm to confront the ‘elephant in the room’ – Chicago Sun-Times

On Dec. 12, Emanuel has promised to lay out “options” to slay or, at the very least shrink, the elephant: a looming, $1 billion spike in pension payments. Asked to preview that pension plan, the mayor would only say there would be “a lot of different parts” and that it would be remembered for its “honesty with the public.”

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