Commentary: How to Solve the Pension Problem Defunding America’s Cities – National Review

In an examination of of America's 10 biggest cities, two recognizable patterns prevail. "One is that pension expenditures increased (in inflation-adjusted dollars) in all cities over the last decade. Pension spending in Chicago, Phoenix, and San Jose doubled or even tripled...The other is that a number of cities have reduced or held constant their employment rolls. Chicago, Houston, and Phoenix all had fewer full-time employees in 2021 than they did a decade earlier."