Posts tagged "unfunded"

A Message from CPS teacher, Nate: Save my classroom

My name is Nate, and I’m a teacher in a Chicago Public School. I love my job. No matter how long or hard I have to work, it’s always worth it to see my students learn and grow. But our massive pension debt — more than $100 billion and rising — is sucking money away... Read more »

The Need for Reform of Police and Fire Pension Plans

The Civic Committee of The Commercial Club of Chicago analyzed the values of pension benefits of firemen and policemen in Chicago who recently retired after full careers, many in their early 50′s.  The analysis found that these retirement benefits average above $1 million – well above benefit levels available to taxpayers in the private sector.  ... Read more »