Press Detail

Chicago Pension Measures in Doubt as Quinn Withholds Signature

Posted on April 24, 2014

Bloomberg

This article discusses the uncertain status of pension reforms for two City of Chicago funds. The reforms were passed by the Illinois General Assembly April 8, but Governor Quinn has not yet announced whether he will sign the legislation. The Civic Federation said it is hard to understand how the City could move beyond constant fiscal uncertainty without developing a comprehensive financial plan.