pension funding

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

The alternative budget also includes a roughly $1 billion sweep of tax-increment-financing dollars to Chicago Public Schools. #chicago #budget #thecentersquare