Press Detail

Chicago's Pension Woes

Posted on May 02, 2006

The Bond Buyer

This article focuses on City of Chicago CFO Dana Levenson's remarks, made at the City Club on May 1, regarding the city's growing unfunded pension liabilities. The Civic Federation is quoted extensively and the article highlights the Civic Federation's concerns about the city's pension funds as well as recommendations it has made to improve the position of the funds. Mr. Levenson endorsed some of the Federation’s ideas in his remarks.