Includes: “Pension funds are now more than $48 billion in the hole. Digging out will be an expensive, long-term task. The (Illinois) General Assembly’s fiscal unit is out with its latest look at the shape of Chicago government pension systems, and, though there’s some reason to think they may have finally bottomed out, digging out of the hole will be a hugely expensive long-term goal.” Sheila’s note: Full article is behind paywall."
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Read the full article on: Crain's Chicago Business