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Ill. Supreme Court overturns city pension reforms

Posted on March 24, 2016

Chicago Sun-Times

This article reports on the Illinois Supreme Court ruling overturning reforms for two of the City’s pension funds and the potential consequences for Chicago taxpayers. Laurence Msall, President of the Civic Federation, notes that the short-term savings from overturning the reforms would be outweighed by the eventual insolvency of the funds.