From Name:
From Email:
To Name:
To Email:

Optional Message:


Chicago mayor to leave pension bond decision to successor

from Reuters

Chicago will not immediately pursue the issuance of up to $10 billion of pension bonds to buoy its underfunded retirement system, under steps Mayor Rahm Emanuel will outline to the city council on Wednesday, a city hall source said on Tuesday. Instead, Emanuel, who is not seeking a third term in office next year, will work with aldermen to create a structure for the debt, leaving it up to them and the next mayor to decide whether to issue the bonds, the source added. more


Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063