Commentary: Pension help could be on the way, if we choose it – Chicago Tribune

Elizabeth Bauer: "Ever since Gov. J.B Pritzker took office, he has acknowledged the deep difficulties the state of Illinois faces due to its pension debt...And for just as long, he’s refused to make any real reform to the system and rejected a constitutional amendment enabling pension reform. Why?"

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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