Chicago budget shorts public pensions $440M per year

Difference in Chicago contributions to public pension funds versus acturaially determined contribution amounts for 2024

Table with 4 columns and 5 rows.
Municipal$1.12B$1.24B
−$117.91M
Laborers $147.69M$168.83M
−$21.13M
Police $1.01B$1.24B
−$233.08M
Fire$473.16M$541.05M
−$67.90M
Total$2.75B$3.19B
−$440.02M
Table: @illinoispolicySource: Chicago 2024 Annual Appropriations Ordinance, pension fund financial documentsCreated with Datawrapper