Chicago is entering a dangerous phase: Pension insolvency. A memo from inside City Hall warned state lawmakers that a new "pension sweetener" for police and firefighters would make the funds “technically insolvent.”

Chicago is entering a dangerous phase: Pension insolvency.

A memo from inside City Hall warned state lawmakers that a new "pension sweetener" for police and firefighters would make the funds “technically insolvent.”

They passed the bill anyway.

Now the city is digging into… pic.twitter.com/MfzcQpzSEp

— Illinois Policy (@illinoispolicy) November 21, 2025