Chicago Pension Reform Passes with Republican Help

The pension “fix” for Chicago was approved yesterday in both the House and the State Senate. It only provides relief for 2 of the 5 pension funds. Those are: MEABF – Municipal Employees’ Annuity and Benefit Fund of Chicago LABF – Laborers’ and Retirement Board Employees’ Annuity Benefit Fund of Chicago The bill provides slower increases and for some […]