Illinois pension plans 39% funded, taxpayers on the hook for $105 billion in liabilities: It will get worse
Numerous U.S. pension plans are in deep, deep trouble, and Illinois is at the top of the list. Plan assumptions cannot and will not be met.
Why Chicago Needs an Elected City Attorney
The “gift room” scandal, a botched police raid and a smokestack implosion underscore how the head of Chicago’s Law Department, also known as the corporation counsel, too often lacks independence from the mayor’s office. Chicago’s corporation counsel is appointed by the mayor and can be removed at the mayor’s discretion. Experience in other major cities...
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