Tough Hole To Fill

Chicago's projected pension contributions

Of course, these projected contributions are predicated on achieving the return on asset assumption (ROA) during this period. A significant correction during the next 6 years (likely after a nearly 9 1/2 year bull market) would create a situation in which additional contributions would be necessary. Unfortunately for Chicago residents, they have other budget items that need to be funded, too.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s