When former Mayor Rahm Emanuel pushed through tax hikes, Chicago pension funds were about $23 billion short of what they needed to pay future retiree benefits. Now, they’re nearly $30 billion in the hole, according to a Tribune examination.

When former Mayor Rahm Emanuel pushed through tax hikes, Chicago pension funds were about $23 billion short of what they needed to pay future retiree benefits.

Now, they’re nearly $30 billion in the hole, according to a Tribune examination. https://t.co/XeYO2yTM5W

— Chicago Tribune (@chicagotribune) October 3, 2019