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The Nexus
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city employee pension funds

Coverage of city employee pension funds in the Nexus archive.

Earliest in view: Jul 1 · 19:28 UTCMost recent: Jul 1 · 19:28 UTC
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  • BUSINESSJul 1 · 19:28 UTCCHICAGO SUN-TIMES
    Chicago ends 2025 with an extra $52 million on the books

    Chicago closed 2025 with a $52 million unassigned balance due to spending controls and higher-than-expected revenues, marking a $381 million improvement from 2024. The surplus was reduced by $166 million in retroactive pay raises for firefighters funded through city borrowing, while pension obligations and reserve fund declines remain challenges.