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.
I’m sure the educators are seeking the money. The tax payers that don’t have children in school or see their kids being indoctrinated instead of taught anything useful, not so much.
Even the ones that do that see no education actually being done, well that would be everyone in Chicago with children.