Working group to study Chicago’s pension woes – Center Square

Mayor Brandon Johnson told reporters, "The working group's mission is to find workable solutions with sustainable funding sources to ensure retirement security and taxpayer relief in the long term in time for the fall veto session."
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Streeterville
3 years ago

I can predict this study-group’s recommendation: Raise taxes, fund pensions.

Put a bunch of union-representatives and union employees on a study-group to “study” pension funding, and you get a predictable outcome. Does Mayor Johnson think this a group-report somehow affords him political shelter from taxpayers upset by all his proposed new $$$$$ taxes?

Pensions Paid First
3 years ago
Reply to  Streeterville

I can predict this study-group’s recommendation: Raise taxes, fund pensions.”

At least that would be an honest report. More taxes are needed and pensions need to be funded. Now who’s taxes will go up? That’s the real point of the “study”.

Poor Taxpayer
3 years ago

Not mine as I will follow the huge crowd of successful people burning rubber to get out of the state. Best of luck collecting any money from illegal immigrants and gang members.

The Paraclete
3 years ago

Study?? WAHAHA GAAEK! HMMMM…the state legislature Jjudt gave themselves a rsise! A RAISEWill that contribute to higher pension?
costs?

Old Spartan
3 years ago

Take a look at the members– the mayor’s finance team, state legislators (I wonder how many Republicans) and union representatives. I’ll bet we get a really objective, financially sound and totally realistic analysis from this posse of lackeys.

Goodgulf Greyteeth
3 years ago
Reply to  Old Spartan

Yep. Identifying “revenue sources-n-reforms.” The usual-suspects working up a lather discussing how much blood they can get from a turnip, without being allowed to conclude that the answer is ‘none.’

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