Pensions

Question posed to the Aldermanic Candidates by Me: 

The City of Chicago has $44.8 billion in unfunded pension liabilities ($41,966/ Chicago household) and has a solvency horizon of 2019. Pension reform for all city workers is a reality all elected City officials will have to deal with very soon. Long term stabilization of the city pension funds will require increased ...employee contributions, higher taxes and other major changes to the pension system. How will you as alderman support or not support pension reform, and how will you inform your constituents about the steps that need to be implemented?

Check out this article at:  http://www.nytimes.com/2011/01/09/us/09cncpulse.html
Emanuel Says He Favors Reduced Pensions for Current Workers and New Hires

How will our aldermanic candidates fare against a mayor who wants to reduce pensions for current workers in a Ward loaded with city workers?