Tag Archives: police and fire pensions

CN August 4 2016

Posted on August 4, 2016 by Ken

  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

Posted on May 29, 2015 by Ken

  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

Posted on October 17, 2014 by Ken

  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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