Chicago Park District Pension Reforms Signed Into Law

The Bond Buyer

This article discusses whether the Chicago Park District pension reforms signed into law by Governor Pat Quinn on January 7 could serve as a framework for other local governments in need of pension reform. In its FY2014 Chicago Park District Budget Analysis the Civic Federation said the Park District’s budget lays the groundwork for enacting pension reforms and praised the District for presenting its own reform plan to lawmakers.