Killing extra pension payment could spare Mayor Brandon Johnson and aldermen political headaches, but cost Chicagoans later – Chicago Tribune/MSN

“When you say supplemental it sounds like extra,” Chief Financial Officer Jill Jaworski said. But the city’s four pension funds are in such dire straits, the supplemental payments only help stop the bleeding, she said. Continuation of the smallish payments now would help shrink the city’s pension contribution tab by $3.9 billion through 2055, according to Jaworski.