Tag Archives: police and fire pensions

CN August 4 2016

  Pensions are back in the news. Mayor Emanuel wants massive increases in water and sewer fees to fund the big hole in the Municipal Employees pension plan – the fourth, last and largest of the City’s own pension funds. … Continue reading

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CN May 28, 2015

  It all just seems so hopeless. Unfunded pensions are everywhere. A billion dollar hole here, a half-billion one there. ¬†A hundred-billion shortfall in Springfield. ¬†Junk bond ratings. There doesn’t seem any way out of it without giving up hard-earned … Continue reading

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CN Oct. 16, 2014

  Mayor Emanuel has put his 2015 budget on the table, asking aldermen to approve a 7.3 billion spending plan that anticipates $61 million in various increased taxes and fees. But his speech was light on details. In fact, says … Continue reading

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