November 7, 2013

Statement From Mayor Rahm Emanuel On The Passage Of Pension Reform For The Chicago Park District

Mayor's Press Office    312.744.3334

“I applaud the General Assembly, Speaker Madigan, and President Cullerton for passing this important legislation that delivers an honest solution to a problem that has been decades in the making.  This legislation reflects a balanced approach of reform and revenue, giving employees, retirees, and taxpayers the security and certainty they deserve, but that has long been missing. Taxpayers can feel confident in a long term plan that does not rely on them to shoulder the burden alone, and parks employees now know the pensions they have paid into – and are counting on – will be there for them and their families in their retirement.”