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Chicago pension crisis balloons, underscoring calls for reform

Posted on October 03, 2014

Chicago Sun-Times

This article covers the Civic Federation’s Status of Local Pensions report that annually examines the most recent audited data available for ten Chicago-area public pension funds. For all pension funds supported by the taxes of Chicago residents, including statewide funds, the unfunded liability per capita for each Chicago resident in FY2012 was $19,579.