Before Enhancing Tier 2 Benefits, Evaluate the Financial Impact of Illinois Pension Proposals – Civic Federation

"On April 20, 2023 two bills passed out of committee in the Illinois House of Representatives that would increase pension benefits for Chicago firefighters hired after 2010...The Civic Federation is concerned about these and other proposals that would enhance benefits for Tier 2 government employees (those hired since January 1, 2011) without any analysis completed first to understand the extent to which of these proposals are necessary and how much they would cost the responsible governments and taxpayers."