Tag Archives: teacher 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 Feb. 27, 2014

Were you a little confused by the mega-announcements this week that Chicago was about to became a major tech innovation-hub, whatever that means? Well, Tribune business columnist Melissa Harris explains some of it. The biggest chunk of cash-on-the-barrelhead is $70 … Continue reading

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CN June 21, 2012

“The 800 – pound banker in the room,” says blogger and former teacher Fred Klonsky, referring to the Illinois pension crisis, “is revenue. It’s the one the legislature won’t address, the media won’t address… They can keep trying to cut … Continue reading

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