Johnson devising strategy to tackle pension crisis that includes ‘deferred retirement option’ – Chicago Sun-Times

The pension commission that Mayor Brandon Johnson created shortly after taking office disbanded without releasing a single report after Gov. JB Pritzker signed a police pension sweetener that, over time, will make Chicago’s pension crisis 11 billion worse. Now, the Johnson administration has asked EY, the consulting firm that recommended 1.4 billion in savings and revenue-generation options for the city to consider, to start climbing the mountain of unfunded pension debt.