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Mayor Brandon Johnson escalates push for CPS to pick up pension payment, borrow more money – Chicago Tribune/Yahoo

Summary by WirePoints Illinois Financial News
Bridget Early, Johnson’s deputy mayor for labor relations, emailed several top education officials a presentation dated Feb. 13 that outlines the next steps the school board can take to make the controversial $175 million pension payment that is currently paid by the city. Solutions include borrowing and shifting responsibility to the state, which pays for all other school districts’ pension costs.

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WirePoints Illinois Financial News broke the news in on Wednesday, February 19, 2025.
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