Why Is Chicago Always Talking About Pensions?

One of Mayor Brandon Johnson’s first announcements when he took office was to create a task force to solve Chicago’s so-called “pension crisis.” You’ve probably seen pensions come up in headlines a lot. It’s why the city says it’s building a new casino, and it comes up every time we talk about the city budget. But be honest with us, do you have any idea what’s going on with Chicago’s pensions? Well, host Jacoby Cochran definitely needed an explainer so we brought in Amanda Kass, a DePaul University professor who studies this. Kass breaks down exactly what Chicago’s pension obligations are and why the “crisis” narrative may be doing more harm than good. Some news: Movies in the parks begin this week See Jacoby host Grown Folks Stories on Thursday Want some more City Cast Chicago news? Then make sure to sign up for our Hey Chicago newsletter. Follow us @citycastchicago You can also text us or leave a voicemail at: 773 780-0246 Interested in advertising with City Cast? Find more info HERE