Press Detail

Chicago’s day of reckoning over pensions delayed

Posted on August 01, 2014

Chicago Tribune

This article discusses the City of Chicago’s 2014 Annual Financial Analysis released July 31, which reviews 2014 and includes projections for fiscal years 2015 through 2017. The Civic Federation said the City is making significant progress on managing its finances and reducing the structural deficit, but continued progress is threatened by the failure to address the City’s police and fire pension funding crises.