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.
Very sad, but believable based on the past conduct of the CTU. I see that he has opposed them in the past, being against teacher strikes and closing the schools for Covid.
https://www.illinoispolicy.org/story/joe-ocol/