In 2014 pensions took 6.8% of the budget. Today pensions eat up 22% of Chicago revenues.

It's the pensions, stupid.
Pensions are the single-largest line item in Chicago's budget.
In 2014 pensions took 6.8% of the budget.
Today pensions eat up 22% of Chicago revenues.
Y I K E S. https://t.co/tHQP12tLBT

— Beverly A. Pekala (@PekalaLaw) January 3, 2025