Chicago’s Pension-Fund Woes Just Became $11.5 Billion Bigger

Chicago’s Pension-Fund Woes Just Became $11.5 Billion Bigger – Bloomberg

BloombergThanks to the defeat of the city’s retirement-fund overhaul by the Illinois Supreme Court and new accounting rules, Chicago’s so-called net pension liability to its Municipal Employees’ Annuity and Benefit Fund soared to $18.6 billion by the end of …Protesters shout ’16 shots’ at Emanuel during anti-violence eventChicago Tribune all 17 news articles …read more […]

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