chicago finances

Inspector General David Glockner said the city provided half of the $100 million initially proposed by Mayor Rahm Emanuel, but the fund has been been effectively dormant since 2020. #fund #centersquare

According to the Civic Federation, the legislation is projected to increase required city contributions to the Police and Fire pension systems by approximately $8.4 billion between 2025 and 2055, representing about $1.7 billion in present value. #pension #civicfederation #chicago