Mayor Johnson aims to address a problem that vexed his predecessors: Woefully underfunded pensions – Chicago Tribune/Yahoo

Mayor Brandon Johnson has created a task force to look for solutions to Chicago’s underfunded pensions, asking the group to address one of the city’s deepest and most intractable financial problems.
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mqyl
3 years ago

“Mayor Brandon Johnson has created a task force to look for solutions to Chicago’s underfunded pensions …” Uh, reduce pensions/benefits or raise taxes. There, how much money did I just save Chicago by eliminating the need for this task force? Oh, and since the task force will include public union members, it doesn’t need to look into reducing pensions/benefits.

Pensions Paid First
3 years ago
Reply to  mqyl

Uh, reduce pensions/benefits or raise taxes.”

Uh, you can’t reduce pensions/benefits for existing employees. Raise taxes it is.

mqyl
3 years ago

Never say never.

Pensions Paid First
3 years ago
Reply to  mqyl

I didn’t.

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