Press Detail

Pension reckoning (Editorial)

Posted on February 26, 2006

The Chicago Tribune

This editorial urges that more attention be given to the fiscal shape of local pension funds in Chicago and Cook County. Citing the Civic Federation’s recent report on the status of 10 local pension funds, the article describes the unfunded liabilities of the funds, and supports the Federation’s call for a two-tiered benefit system for public employees.