From Name

From Email

To Name

To Email

Message

Coronavirus may add to strains for already frail Chicago pension funds

from The Bond Buyer

Coronavirus may add to strains for already frail Chicago pension funds The Bond Buyer The net liabilities of Chicago's four employee pension funds went up in 2019. The COVID-19 pandemic, not reflected in the funds' recently released valuation reports, only threatens to make things worse. The frail funds won’t see any potential investment and demographic pains — which could pressure funded ratios and city contribution levels — from the coronavirus reflected until 2020 closes. READ MORE

more