TITLE

Pension-Cost Surge Puts Chicago In Bind

AUTHOR(S)
ANDREA RIQUIER
PUB. DATE
November 2013
SOURCE
Investors Business Daily;11/14/2013, pA01
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
As Chicago's public pension costs mount, the municipal bond market is starting to penalize the city for its inability to grapple with the problem. Yields on city debt have moved significantly above those of Illinois, which has the worst debt rating of any state.
ACCESSION #
91963382

 

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