From Name: From Email: To Name: To Email: Optional Message: Chicago city council pitched on pension obligation bonds from Bond Buyer Chicago Mayor Rahm Emanuel's administration estimates a $10 billion pension obligation bond sale could generate more than $6 billion in long-term savings for the city. “In today’s market, we estimate that a hypothetical issuance of fund stabilization bonds could generate more than $6 billion in gross savings” and “reduce the amount needed for revenue increases,” according to a handout distributed at meetings Chief Financial Officer Carole Brown held with council members Thursday. more 7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063