Another Chicago Pension Fund Reduces its Assumed Rate of Return on Investment
Decisions by two of the largest State of Illinois pension funds to reduce their expected rates of return on investment have …
Decisions by two of the largest State of Illinois pension funds to reduce their expected rates of return on investment have …
This article discusses the Civic Federation’s call for a full actuarial analysis of the City of Chicago’s plan to save the City’s Municipal Employees Pension Fund and questions whether it may be enough. Civic Federation President Laurence…
This article discusses the cost to Cook County taxpayers of separate staffs for each of the 17 Cook County Commissioners. Civic Federation President Laurence Msall remarks that the situation lends itself to further examination and notes…
The City of Evanston recently released a white paper on the initial results following the dissolution of its coterminous township. Based on the results…
The City of Chicago recently released its mid-year Annual Financial Analysis for 2016, which provides financial estimates for the City’s fiscal year ending…
This article reports on the City of Chicago’s potential plan to save the Municipal Employees Pension fund through raising utility taxes. Civic Federation President Laurence Msall remarks that there are very few, if any, sources of revenue…
This article discusses a plan to provide $20 million in property tax rebates to City of Chicago homeowners. Laurence Msall, President of the Civic Federation, notes that the program is likely to have a very modest impact to Chicago…
On June 29, 2016 the Cook County Board of Commissioners voted to approve a resolution to present a public question via a binding countywide referendum…