Chicago Park District Statement on Passing of SB1523 Legislation


The Chicago Park District worked with our partners in labor to develop this plan that balances the needs of employees, retirees, and taxpayers. We would like to thank Speaker Madigan, President Cullerton and the Illinois General Assembly for passing this legislation that is critical to ensuring retirement security for our current employees and retirees.  Both taxpayers and employees can now feel confident that there is a fair balance of reform and revenue, consistent with the principles outlined by Mayor Emanuel to build a sustainable future for our pension funds.


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