Issues: Local Government Pensions

The Civic Federation believes that public pension systems must be sustainably funded and well-managed. The Federation’s national reputation for expertise in pension funding and reform has been earned through years of in-depth research and analysis of employee retirement systems statewide. Read our analyses, recommendations for reform, and opinions about local public pension systems here.

Recent Research

  • 12.07.11

    Metropolitan Water Reclamation District FY2012 Tentative Budget: Analysis and Recommendations

    The Civic Federation offers conditional support for the Metropolitan Water Reclamation District’s (MWRD) FY2012 Tentative Budget of $1.0 billion. The Federation is concerned that the budget proposes the maximum increase to the property tax levy and does not comply with the District’s own fund balance policy. The proposed reforms to pension funding that have the support of the Retirement Fund Board and the Board of Commissioners are a strong step toward improving the financial health of the pension fund, which is only 56.5% funded. However, the passage of these reforms in Springfield will require strong advocacy by the Commissioners.

  • 12.07.11

    Chicago Park District FY2012 Budget: Analysis and Recommendations

    The Civic Federation supports the Chicago Park District FY2012 Budget of $407.5 million because it holds the property tax levy flat for the seventh year in a row and emphasizes cost containment and revenue diversification. The Federation supports the District’s development of a fund balance policy and its efforts to eliminate the structural deficit through a multi-year plan. While we support the budget, the Civic Federation has concerns about the declining health of the District’s pension fund.

    Click here to read the press release.

  • 12.01.11

    Forest Preserve District of Cook County FY2012 Executive Budget Recommendation: Analysis and Recommendations

    The Civic Federation supports the Forest Preserve District of Cook County FY2012 Executive Budget Recommendation totaling $195.0 million, which includes both operating and capital expenditures. We commend the District for holding its property tax levy flat during a period of continued financial hardship for many Cook County residents and for taking steps toward more effective personnel management starting with a comprehensive desk audit. The District has also shown prudence by maintaining substantial reserves.

    Click here to read the press release.