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Chicago’s Coming Pension ‘Pneumonia’
Maybe Chicago isn’t a lost cause. That’s the power of positive thinking about some surprising truth-telling about the city’s public pension mess from Illinois comptroller Susana Mendoza.
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Chicago pensions face insolvency in downturn, mayoral candidate says
Chicago’s underfunded pension system is in dire condition, with some funds at risk of becoming “completely insolvent” in a market correction, Chicago mayoral candidate Susana Mendoza warned.
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Illinois Comptroller Susana Mendoza runs for Chicago mayor
When Illinois Comptroller Susana Mendoza announced her candidacy for Chicago mayor last week, she had the same message for financial markets and everyday Chicagoans: The best way to help the people of Chicago is “to respect the taxpayer dollar and stretch its value.”
