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Pensions

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Financial Landscape Analysis of the Chicago Public School District: FY2025

Click here to read the full report.…

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Cook County Pension Fund FY2023 Update

In this short report, the Civic Federation analyzes indicators of the fiscal health of the Cook County Pension Fund based on the most recent FY2023 actuarial…

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City of Chicago FY2025 Roadmap: Key Financial Challenges, Options and Recommendations

Click here to read the full report.Click here to read the executive summary.…

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2023 Year in Review

The following are summaries of the five most-read posts presented on the Civic Federation’s blog in 2023, listed here in chronological order. The posts examine issues related to Illinois taxes and debt, Tier 2 Benefits, the SAFE-T Act…

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Tier 2 Pensions and the Safe Harbor Issue: Explained

Policy Brief: Tier 2 Pensions and Safe Harbor ExplainedThe Civic Federation partnered with the Civic Committee of the Commercial Club of Chicago to draft…

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Tier 2 Pensions and the Safe Harbor Issue: Explained

Policy Brief: Tier 2 Pensions and Safe Harbor ExplainedThe Civic Federation partnered with the Civic Committee of the Commercial Club of Chicago to draft…

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How the Chicago Pension Funds Fared in 2022

In this blog post, the Civic Federation analyzes indicators of the fiscal health of the City of Chicago’s four pension funds based on the most recent FY2022…

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How the Cook County Pension Fund Fared in 2022

In this blog post, the Civic Federation analyzes indicators of the fiscal health of the Cook County pension fund based on the most recent …

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Civic Federation Written Testimony to House Personnel and Pensions Committee

The Civic Federation submitted the following written testimony to Chairperson Kifowit and Members of the House Personnel & Pensions Committee on August 9, 2023.Dear Chairperson Kifowit and Members of the House Personnel & Pensions…

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Addressing the Financial Entanglements Between the City of Chicago and Chicago Public Schools

With the upcoming implementation of an elected school board to oversee Chicago Public Schools, the governance of CPS will be separated from the City of Chicago. The 21-member elected school…