Jul

Chicago Pension Bills Soar as City Pays Up to Keep Funds Solvent

City will pay $1.18 billion to pensions in 2018, report says
Projected budget gap is the smallest since 2007, city says

Chicago will contribute $1.18 billion to pensions in 2018 as the junk-rated city steps up payments to put its retirement funds on a path to solvency, even as the unfunded liabilities keep growing…

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Chicago Pension Bills Soar as City Pays Up to Keep Funds Solvent

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