IN THE NEWS
Are wobbly pension funds too big to fail?

JULY 16, 2018 | THE COLUMBUS DISPATCH

Later this year if we’re lucky, some groundwork laid in Columbus this past week could help to steady a precarious national house of cards known as multiemployer pension plans. 

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Why Chicago’s reported progress on pensions and finances is fake

JULY 16, 2018 | WIREPOINTS ILLINOIS NEWS | by Mark Glennon

total liabilities

Chicago is bragging about reducing its unfunded pension liabilities and progress shown in its new financial statements. In fact, the city merely changed assumptions used to measure its pension debt. That change covered up what otherwise would have been another very bad year.

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McCormick Foundation

The Robert R. McCormick Foundation is committed to fostering communities of educated, informed and engaged citizens. 

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