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Chicago pension crisis

Coverage of Chicago pension crisis in the Nexus archive.

Earliest in view: Jun 24 · 15:00 UTCMost recent: Jun 24 · 15:00 UTC
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  • POLITICSJun 24 · 15:00 UTCCHICAGO SUN-TIMES
    Mayor's financial task force proposes downtown congestion fee, service tax, restructuring electricity taxes

    Chicago Mayor Brandon Johnson's financial task force proposes revenue measures including a downtown congestion fee, service tax, and higher electricity rates for high-volume users to address the city's $36 billion pension crisis and $1.15 billion budget shortfall. The task force, led by Jim Reynolds and Karen Freeman-Wilson, aims to shift from temporary budget fixes to long-term solutions like pension reforms and property tax adjustments.

Chicago pension crisis · Dossier · The Nexus