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Chicago's Pension Woes Worse Than Detroit's
U.S. News & World Report
Sept. 27, 2013 "Among the 50 local governments with the most debt, the City of Chicago has the most ground to make up on its pensions. The city's pension liabilities were equal to 678 percent of its revenues as of 2011, and Cook County (which contains Chicago and some of its suburbs) comes in next, with pension liabilities that equal nearly 382 percent of its revenue." MORE >> |
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